Business Cycle: IMF Expects Sustained High Energy Prices
20 Articles
20 Articles
Bangkok, Oct 7 (EFE).- The Director of the International Monetary Fund (IMF), Kristalina Georgieva, said this Wednesday from Singapore that artificial intelligence (AI) is driving global demand, while the energy supply crisis resulting from the conflict in the Middle East is pushing the economy downwards, two forces that "throw" from growth in opposite directions. [...] The IMF entry says that the AI and the energy crisis "throw" from the econom…
The global economy is trapped in a cable of war between an energy shock and the boom of artificial intelligence. Exclusive material for subscribers. To have full access, access the link of the subject and make your registration.
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), said that energy prices will remain high even if the conflict in the Middle East ends soon. Georgieva reported that energy prices will remain high regardless of the timing of the end of the war between the US and Israel and Iran, reports TASS. “In addition, natural gas supplies from the Persian Gulf are still seriously hampered, due to more limited opportunities fo…
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The consequences of the Iran war are felt worldwide. In addition to the energy crisis, the AI boom also fuels inflation. What concerns does IMF head Georgiewa have?
High energy prices resulting from the Iran war will persist for some time, according to International Monetary Fund (IMF) Managing Director Kristalina Georgieva. Even if the conflict ends soon, prices are likely to remain high into 2027, she said.
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