The Two Causes that Prolong the Energy Crisis.
12 Articles
12 Articles
The Director-General of the International Monetary Fund, Kristalina Georgieva, drew attention to the fact that the effects of the energy shock caused by the closure of the Ormuz Straits continue to affect the global economy. The Chief IMF also stressed that the rapid expansion of artificial intelligence contributes to the increase in energy requirements.
The Director General of the International Monetary Fund (IMF), Kristalina Georgieva, warned on Tuesday, at the conclusion of the meeting of G20 finance ministers, that the energy shock resulting from the closure of the Ormuz Straits has not yet ended and that the development of artificial intelligence increases energy demand.
"The Strait of Ormuz remains largely closed, the strategic reserves of oil and gas will have to be replenished, the AI increases the demand for energy and the winter is approaching in the northern hemisphere," Kristalina Georgieva said on Tuesday, September 1, at the end of the meeting of finance ministers and central bank governors of the G20 in Asheville, North Carolina.
The energy shock caused by the closure of the Strait of Hormuz is not over, despite the resilience shown so far by the world economy, and the need to replenish strategic reserves, the approach of winter and the growing consumption of artificial intelligence infrastructure will maintain pressure on markets, warned the Managing Director of the International Monetary Fund, Kristalina Georgieva. The statements were made at […] The post IMF Chief: Th…
The global economy is expected to grow by about 3 percent in 2026, but risks to the outlook remain high due to the energy shock, record high public debt, inflationary pressures and uncertainty about the impact of artificial intelligence on productivity and financial stability, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said after a meeting of G20 finance ministers and central bank governors in Asheville, North Carol…
The Director General of the International Monetary Fund (IMF), Kristalina Georgieva, warns that the world economy has not yet overcome the energy shock caused by the closure of the Ormuz Straits. At the same time, the accelerated development of artificial intelligence puts additional pressure on energy demand, while the global public debt is approaching 100% of GDP. The warning was launched [...]
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