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IMF Chief: Global Recession Unlikely Amid Trade Tensions

4/18/2025

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Summary

Story summary

Despite rising trade tensions and falling global stock markets, IMF chief Kristalina Georgieva reassured that a global recession is not on the horizon. She called for nations to bolster internal trade and social safety nets, as the WTO warns of a potential decline in global trade this year. Resilience is key in these uncertain times.

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Story summary

Despite rising trade tensions and falling global stock markets, IMF chief Kristalina Georgieva reassured that a global recession is not on the horizon. She called for nations to bolster internal trade and social safety nets, as the WTO warns of a potential decline in global trade this year. Resilience is key in these uncertain times.