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IMF chief warns of ‘tough times’ if oil prices stay high
IMF chief Kristalina Georgieva warned Wednesday of difficult times ahead for the global economy if war in the Middle East is unresolved and oil prices stay high, adding that inflation risks could seep into food prices. “We must brace for tough times ahead” if the conflict persists, she told reporters at a press briefing during the International Monetary Fund and World Bank’s spring meetings in Washington. The gathering brings government and financial leaders to the US capital this week, with policymakers looking to limit economic fallout from the war. US-Israeli strikes launched against Iran on February 28 ... (full story)
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China is very happy that I am permanently opening the Strait of Hormuz. I am doing it for them, also - And the World. This situation will never happen again. They have agreed not to send weapons to Iran. President Xi will give me a big, fat, hug when I get there in a few weeks. We are working together smartly, and very well! Doesn’t that beat fighting??? BUT REMEMBER, we are very good at fighting, if we have to - far better than anyone else!!! President DJT
The International Monetary Fund warned Wednesday that the relentless US debt issuance is undermining the premium Treasuries have commanded from investors, with implications for government securities across the globe. “The increase in the US Treasury security supply is compressing the safety premium that US Treasuries have traditionally commanded — an ...
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