IMF Criticizes Economic Policies, Warns U.S. of Fiscal DeficitThe International Monetary Fund (IMF) has pointed out that the trade restrictions implemented by the United States to counter China are having negative effects on both the U.S. and global economies. The IMF is increasingly criticizing U.S. economic policies. On June 27, the IMF made this announcement in a statement following their annual consultation with […]
IMF Warns: U.S. Trade Sanctions on China Could Backfire on EconomyThe IMF has pointed out that trade sanctions against China negatively impact both the global and U.S. economies.
Will AI Lead the Future or Become Humanity's Downfall?Generative artificial intelligence, such as ChatGPT, holds tremendous potential. However, it could exacerbate labor disruptions and inequality if not properly managed. Experts emphasize that governments worldwide must put forth more effort to protect workers. According to the Financial Times, the International Monetary Fund (IMF) issued a report on the 17th warning that AI could also […]
IMF Report: Biden's Trade Policies May Lead to Massive Global Economic LossesThe International Monetary Fund (IMF) criticized U.S. President Joe Biden’s aggressive tariff policy towards China as a threat to global economic growth. According to Bloomberg on the 16th (local time), IMF spokesperson Julie Kozak warned at a regular briefing that “the U.S. must maintain an open trade policy that is essential for economic performance.” She […]
IMF Warns: 'U.S. and Chinese Fiscal Deficits Are a Grave Risk to the Global Economy'US fiscal deficit to hit 7.1% of GDP next year, triple the average for advanced economiesChina’s fiscal deficit to reach 7.6%, double the average of emerging countriesUS debt also affects inflation…high inflation-high interest rate vicious circle The International Monetary Fund (IMF) warned on the 17th (local time) that the massive fiscal deficit in the United […]
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