International Monetary Fund

Breaking: 56% of Experts Predict Global Economic Downturn in 2024 – AI Takeover Unveiled at Davos!

Leaders and influencers from across the globe have convened in Davos for the World Economic Forum, focusing on crucial topics such as artificial intelligence, disinformation, conflicts in Gaza and Ukraine, the debt crisis, and climate issues.

AI to impact 60 pct of advanced economy jobs: IMF chief

Artificial intelligence (AI) will impact 60 percent of jobs in advanced economies, IMF Managing Director Kristalina Georgieva has told AFP.

"Advanced economies, some emerging markets, are going to see 60 percent of their jobs impacted," she said in an interview in Washington, citing an IMF report. 

Greece pays off more dues early

Greece proceeded on Friday with the early repayment of two installments of bilateral loans, as it had long planned, almost halving its financing needs for the next two years, while deflating the cushion of cash reserves, which was designed to decrease after the recovery of investment grade.

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