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Vera Songwe, Moritz Kraemer WASHINGTON, DC, APRIL 27 (PS): Today’s global economic turmoil is not just about trade. As G20 finance ministers gather in Washington this week during the annual spring meetings of the International Monetary Fund and World Bank, IMF Managing Director Kristalina Georgieva has warned that growing economic
While Germany’s trade surplus has been too big for too long, it is on track to shrink. America’s deficit, too,
Nepal’s battle against the trafficking of women is a marathon, not a sprint. While progress has been made, it remains
We believe that the coming year can and must become a memorable and golden chapter in our history. May the
Two more processes could accelerate the release of carbon: dumping large quantities of baled biomass could – and likely would
We know that this can work. In 2024, Africa’s power sector achieved another year of double-digit growth, largely owing to
AIT has not only contributed to the rapid development of science and technology but has also provided a foundation for
This poses an extremely complex and difficult challenge for insurance companies, which have understandably been struggling to cope. In recent
Encouragingly, the cost of AI development is beginning to decline. While OpenAI’s GPT-4 cost $100 million to train, the Chinese
The urgency of the current crisis cannot be overstated. Over half of the 68 countries eligible for the International Monetary