Ukraine war reverberates across the globe, says IMF
Beyond the suffering and humanitarian crisis from Russia’s invasion of Ukraine, the entire global economy will feel the effects of slower growth and faster inflation, the International Monetary Fund said on Wednesday.
“We live in a more shock-prone world,” IMF Managing Director Kristalina Georgieva (pictured) recently said at a press briefing in Washington. “And we need the strength of the collective to deal with shocks to come.”