IMF-World Bank meetings kick off in Thailand with energy shock, AI on agenda
Finance ministers and central bankers meet in Bangkok this week for the annual gatherings of the International Monetary Fund (IMF) and World Bank, with the global economy buffeted between the US-Iran war's energy shock, rising debt pressures and the AI boom."To put it simply, the global economy is being pulled in two opposite directions: a negative energy supply shock and a positive demand shock from AI," said IMF chief Kristalina Georgieva at an event kicking off the meetings in Singapore last week."The poorer member states of the IMF and World Bank are in distress from spillovers of the Iran war, rising interest rates in the West, and a climate crisis exacerbated by El Nino," said Kevin P.
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