Kristalina Georgieva

Italy's Prime Minister Giorgia Meloni has said the International Monetary Fund should take a "pragmatic" approach to a bailout for Tunisia, in comments to other G7 leadersin Japan.

The North African country reached a deal in principle with the IMF in October for nearly $2 billion to shore up its troubled economy, but discussions have since stalled.

American business magnate Warren Buffett predicts new bankruptcies of American banks. Economists at the International Monetary Fund (IMF) speak of superficial stability with turmoil already manifesting below the surface.

Central banks around the world should keep battling inflation by hiking interest rates despite ongoing concerns about financial stability, the head of the International Monetary Fund has told AFP.

Since last year, central banks have been raising their benchmark lending rates to tackle inflation, which rose to levels not seen for decades in many countries including the United States.

International Monetary Fund (IMF) chief Kristalina Georgieva said yesterday that risks to financial stability have increased and called for continued vigilance although actions by advanced economies have calmed market stress.

DUBAI- Serbian PM Ana Brnabic said on Monday Serbia had signed a 2.4 bln euro stand-by arrangement with the IMF that would in part be used for the energy sector and, in part, for stability.

BELGRADE - Serbian Finance Minister Sinisa Mali said on Wednesday Serbia was an example of a responsible fiscal and monetary policy, as also testified by praise from the IMF.

The fact the IMF has decided to sign another agreement with us is another proof of that, Mali told the RTS.

Ukraine said on Oct. 13 it had reclaimed more territory in the south and welcomed a Western pledge to deliver air defense systems to Kiev "as fast as we can" after days of intense Russian missile strikes.

A US-led group of around 50 countries held talks at the NATO headquarters in Brussels and vowed to deliver new anti-missile systems to Kiev.

Here are the highlights of events related to the war in Ukraine over the past 24 hours:

Zelensky accused Russia of energy terror over Europe

"The situation in the world economy is extremely unstable and recessions are not excluded", the managing director of the International Monetary Fund (IMF), Kristalina Georgieva, said in an interview with Reuters.

Asked about a possible global recession, the fund manager stressed: "The risk has increased, so it cannot be ruled out."

The head of the International Monetary Fund warned on April 14 that Russia's war against Ukraine was weakening the economic prospects for most of the world's countries and called high inflation "a clear and present danger" to the global economy.