"WORLD ECONOMY"

A two-day meeting of senior trade officials concluded at the World Trade Organization with encouraging signs that negotiators in Geneva will have the political backing to achieve outcomes at their upcoming 13th Ministerial Conference early next year. WTO

The world of finance should be prepared for ‘higher-for-longer’ interest rates as the battle against inflation has not been won, IMF First Deputy Managing Director Gita Gopinath said in Marrakech, Morocco. IMF

In his first major speech since taking office, World Bank President Ajay Banga laid out the World Bank’s new vision and mission. WORLD BANK

Countries are stepping up with finances for the most vulnerable of the world, IMF Managing Director Kristalina Georgieva said today (12 Oct) in Marrakech, Morocco. Thousands of journalists, policymakers, bankers and civil society organizations are gathered there for the Annual Meetings of the IMF and World Bank. IMF

Press briefing by António Guterres, UN Secretary-General, on the launch the World of Debt Report from the UN Global Crisis Response Group.

Press Briefing on the launch of the World of Debt Report from the UN Global Crisis Response Group. (Virtually, from Geneva) Rebeca Grynspan, Secretary-General of the UN Conference on Trade and Development (UNCTAD), and (in person, NY UNHQ) Armida Salsiah Alisjahbana, Executive Secretary of the Economic and Social Commission for Asia and the Pacific (ESCAP).

The IMF sees the US avoiding recession, but inflation remaining above the Federal Reserve Bank’s 2% target this year and next, Managing Director Kristalina Georgieva told reporters Thursday in Washington, DC. IMF

Speakers: Shantanu Mukherjee, DESA's Director of the Economic Analysis and Policy Division, and Hamid Rashid, lead author of the report and Chief of the Global Economic Monitoring Branch, Economic Analysis and Policy Division in DESA.

According to a new UN report, prospects for a robust global economic recovery remain dim amid stubborn inflation, rising interest rates, and heightened uncertainties. UNIFEED

The IMF announced in the World Economic Outlook’s press briefing that the baseline forecast for global output growth is 0.1 percentage point lower than predicted in the January 2023 WEO Update, before rising to 3.0 percent in 2024. IMF