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SINGAPORE: The International Monetary Fund (IMF) has warned that global economies face three major crosscurrents with the rapid arrival of artificial intelligence (AI), persistently high energy prices, and record levels of public debt.
International Monetary Fund (IMF) Managing Director Kristalina Georgieva has warned that the rapid development of artificial intelligence, high energy prices, tariffs and rising defense spending could add to inflationary pressures around the world.
The IMF warns global public debt could soon exceed 100% of GDP, driven by high fiscal deficits, debt costs and risks to economic growth.