World News Story World Bank Economist Financial Crisis Could Emerge From Pandemic
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World Bank issues warning about looming economic crisis that could cost billions: 'Productivity losses'
and cooling could raise annual GDP by 2-3% by 2040 and by 4-5% by 2050 compared with a business-as-usual scenario whilst protecting people and reducing the risks of extreme events," Kim Alan Edwards, ... Read More
Bessent urges IMF, World Bank to take tougher stance on China's economic practices
U.S. Treasury Secretary Scott Bessent on Friday gave specific marching orders for the International Monetary Fund and World Bank to take tougher stances on China's state-driven economic practices as ... Read More
AI investment boom may lead to bust, but not likely systemic crisis, IMF chief economist says
WASHINGTON, Oct 14 (Reuters) - The U.S. artificial intelligence investment boom may be followed by a dot-com-style bust, but it is less likely to be a systemic event that would crater the U.S. or ... Read More
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