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"Prepare For Attack On IMF, Gita Gopinath": P Chidambaram's Forecast

Wednesday, January 22, 2020, 7:48 AM

Congress-leader P Chidambaram said that an attack on the IMF and its Chief Economist Gita Gopinath by government ministers was imminent following the organisation's downward revision of the Indian economy's growth. "IMF-Chief-Economist Gita Gopinath was one of the first to denounce demonetisation. I suppose we must prepare ourselves for an attack by government ministers on the IMF and Dr Gita Gopinath," Mr Chidambaram tweeted.
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Massive Debt Wave Could Crash On Developing Countries, World Bank Warns

Saturday, December 21, 2019, 8:09 AM

A wave of debt in emerging and developing nations has grown-faster and larger than in any period of the last-five-decades and could end with another crisis, World-Bank warned. And if the wave breaks, it could be more damaging since it would engulf private-companies in addition to governments, at a time when economic-growth is sluggish, according to a-new-report that covers four debt surges from 1970-2018.
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"Building Peer Pressure On Everyone To Follow Trade Rules": IMF Chief

Sunday, October 20, 2019, 1:33 PM

With trade tensions undermining confidence and global growth, economic leaders are increasingly pushing each other to fix the shortcomings behind the disputes, IMF chief Kristalina Georgieva said Saturday. "We