The head of the International Monetary Fund says the global economy is picking up momentum that the group hopes will be sustained in the medium and longer term. Christine Lagarde said trade was key to growth and prosperity.
Semi-annual meetings of the two institutions have kicked off in Washington, with IMF chief Christine Lagarde making a passionate plea for free trade, while downplaying differences with the Trump administration.
At their spring meeting in Washington, the steering committee of the International Monetary Fund (IMF) changed its stance on protectionism. It appeared to be a move towards using the language of the US administration.
IMF chief Christine Lagarde says they have yet to decide whether to join the next bailout payment for Greece. The fund's participation is seen as a condition for Germany to unblock new funds to the debt-riddled country.
The world isn't doing enough to help workers and communities displaced by global free trade, says a new report. It calls on countries to put in place necessary measures to help those who lose out in global competition.
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