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3232IMF Warns of ‘Very Serious Repercussions’ if US Defaults on Debt Obligations
https://www.digit.info/imf-warns-of-very-serious-repercussions-if-us-defaults-on-debt-obligations/
Sat, 13 May 2023 02:45:03 +0000https://www.digit.info/2023/05/13/imf-warns-of-very-serious-repercussions-if-us-defaults-on-debt-obligations/Read more]]>The International Monetary Fund (IMF) has warned of “very serious repercussions” to both the U.S. and the global economy if the U.S. defaults on its debt obligations, which could be as soon as June 1. “We are calling on all of the parties to come together, reach consensus, and resolve the matter as quickly as […]
]]>IMF Chief Warns of More Weaknesses in US Banking Sector — Sees ‘Gradual’ Shift Away From US Dollar
https://www.digit.info/imf-chief-warns-of-more-weaknesses-in-us-banking-sector-sees-gradual-shift-away-from-us-dollar/
Thu, 04 May 2023 11:19:57 +0000https://www.digit.info/2023/05/04/imf-chief-warns-of-more-weaknesses-in-us-banking-sector-sees-gradual-shift-away-from-us-dollar/Read more]]>International Monetary Fund (IMF) Managing Director Kristalina Georgieva expects “more vulnerabilities” in the U.S. banking sector amid a growing de-dollarization trend worldwide. “There has been a gradual shift away from the dollar,” the IMF chief acknowledged. U.S. Banking Crisis Continues The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, talked about the U.S. […]