October 20, 2021

IMF WEO Global Growth Forecast

The IMF has downgraded its global growth forecast slightly to 5.9% for this year in its World Economic Outlook, warning that ongoing pandemic is widening divergence between countries with access to adequate supplies of vaccine and those without. “The global recovery continues but the momentum has weakened, hobbled by the pandemic. Fueled by the highly […]

IMF / Global Financial Stability Report October 2021 Forecast

The IMF is warning in its latest Global Financial Stability Report that Covid-19’s lingering impact is fading optimism among investors, which could lead to financial tightening in the medium term, Tuesday (October 12). “Amid the prolonged and painful pandemic, financial stability risks have been contained so far. Financial conditions have eased since the start of […]

IMF / World Economic Outlook October 2021 Forecast

The IMF is lowering its global growth projection for 2021 slightly to 5.9 percent while keeping it unchanged for 2022 at 4.9 percent. However, this modest headline revision masks large downgrades for some countries the Fund reports in its World Economic Outlook released Tuesday (October 12) in Washington, DC. “The global recovery continues, but momentum […]

IMF / 2021 Annual Meetings Advancer

The IMF and World Bank are set to launch a hybrid version of their Annual Meetings in Washington, DC next week (October 12-23). The Fund will launch the World Economic Outlook forecast for global growth on Tuesday showing that COVID-19 vaccinations are helping economies but growth is expected to moderate slightly this year. IMF Managing […]

IMF / 2021 Annual Meetings MD Curtain Raiser Speech

The global growth will moderate slightly this year, IMF’s Managing Director Kristalina Georgieva announced in her Annual Meetings Curtain Raiser speech which was hosted virtually by Bocconi university in Milan. “In July, we projected global growth at six percent in 2021, as you will see in our updated world economic outlook next week, we now […]

To save planet, solve twin crises of climate change and species loss together, say UN scientists

Some climate solutions can actually harm biodiversity. But there are synergistic solutions that can tackle both issues. By Reynard Loki / Independent Media Institute The natural world is undergoing two enormous crises that are currently threatening the natural world: climate change and biodiversity loss. These crises are intertwined. Climate change is cur­rently impacting 19 percent […]