Category: Gita Gopinath

Global Economy Facing ‘Biggest Test Since Second World War’: IMF Chiefs

May 24, 2022
Business & Economyeconomic policieseconomyGita Gopinathglobal economic crisisIMF - International Monetary FundinflationInternationalKristalina GeorgievaWorld
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The global economy faces “the biggest test since the Second World War” said International Monetary Fund (IMF) chiefs in a post Sunday, as world leaders convene May 23–26 in Davos, Switzerland, for the World Economic Forum (WEF) Annual Meeting 2022. Russia’s invasion of Ukraine has exacerbated the COVID-19 crisis, destroying lives and economic growth while…

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Global Economy Could Split Between US Dollar, Other Currencies: IMF Deputy Chief

March 23, 2022
Business & EconomyeconomyEuropeForexGita GopinathIMF - International Monetary FundInternationalMarketsRussia-Ukraine WarUS DollarWorld
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The Russia–Ukraine War could trigger a fragmentation in global payment systems, deputy head of the International Monetary Fund (IMF) Gita Gopinath said during a March 22 virtual discussion, indicating a possible global shift away from the U.S. dollar. “What we are seeing around the world is increasing fragmentation of payment systems that probably will further…

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