The International Monetary Fund announced today that the global economy has coped better than expected with the disruption to energy supplies caused by the Iran war, although rising financial pressures in some countries remain a cause for concern.
Kristalina Georgieva, Managing Director of the International Monetary Fund, spoke to reporters earlier ahead of next week’s meeting of G20 finance leaders in Asheville, North Carolina. She described “pull and push” between the negative shock from Gulf energy supply and the growth benefits arising from an AI investment boom that has started to outpace U.S. borders.