Yellen blames Russia-Ukraine war for rising food prices, urges institutions to take 'concrete action'
Treasury Secretary Janet Yellen on Tuesday blamed the Russian war in Ukraine for growing food insecurity and skyrocketing prices, calling institutions to "deepen their response" to risks of hunger.
IMF cuts global growth forecasts as Ukraine war, inflation cast shadow on world economy
The global economic outlook has darkened considerably as the Russian war in Ukraine and sky-high inflation weigh on the still-fragile recovery from the pandemic, the International Monetary Fund warned on Tuesday.
IMF chief warns inflation poses a 'clear and present danger' to global economy
IMF chief warned this week that Russia's invasion of Ukraine has weakened the economic outlook for most of the world and sky-high inflation posed a "clear and present danger" to the global economy.
IMF official: Russia sanctions may 'fragment' currency market, dilute dollar's influence
Russia's invasion may have led to prolonged, heightened inflation and greater adoption of cryptocurrencies among nations.
IMF board to back Georgieva after review of data-rigging claims -sources
The International Monetary Fund's executive board will issue a statement of support for Managing Director Kristalina Georgieva after reviewing allegations she pressured World Bank staff to alter data to favor China, sources familiar with the decision said on Monday.
Senators call for 'full accountability' in World Bank data controversy
The top Democrat and Republican on the U.S. Senate Foreign Relations Committee have urged President Joe Biden to "ensure full accountability" over a World Bank data-rigging controversy that has embroiled International Monetary Fund chief Kristalina Georgieva.