International Monetary Fund

IMF Warns: Bulgaria’s Inflation Remains High, Reforms Needed!

The International Monetary Fund (IMF) reports that Bulgaria's economy has shown resilience amid recent shocks, achieving a soft landing with growth expected to slow to 1.8% this year. This improvement is attributed to renewed demand from Bulgaria's main trading partners, leading to increased exports and investments supported by EU funds.

IMF Director Georgieva: AI's Tsunami Effect on Employment

According to Reuters, Kristalina Georgieva, Director of the International Monetary Fund (IMF), has warned that artificial intelligence (AI) will impact a significant portion of the global job market in the near future. Specifically, she stated that within the next two years, AI will affect 60% of jobs in developed economies and 40% of all positions worldwide.

What we know about the protests and arrests at Columbia University

Columbia University is grappling with the fallout from its president's promise to Congress that she would crack down on unsanctioned protests, and her decision to ask the police to clear an encampment on campus, resulting in the arrests of more than 100 students last month.

Police arrest Columbia students, clear occupied building in campus unrest

Dozens of helmeted police flooded Columbia University's campus in the heart of New York City on Tuesday to evict a building occupied by pro-Palestinian student protesters and detain demonstrators.

Police climbed into Hamilton Hall via a second floor window they reached from a laddered truck, before leading handcuffed students out of the building into police vans.

Gov’t plans early repayment of eurozone bailout loans this year

The government plans an early repayment of up to €5 billion of bailout loans to eurozone countries this year, two government officials told Reuters on Tuesday.

The eurozone and the International Monetary Fund (IMF) lent Greece about €280 billion during the crisis on the condition that it impose tough austerity measures.

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