WASHINGTON — The leaders of the International Monetary Fund and the World Bank appealed to their 189 member countries on Friday to resolve widening disagreements on trade and other issues, warning that the divisions threaten to worsen the impact of a global slowdown.
The IMF’s managing director, Kristalina Georgieva, cited the fallout from a variety of factors: the U.S.-China trade war, which has engulfed the world’s two biggest economies; spreading weakness in Europe that is linked to Brexit; and rising tensions in the Middle East.
“Trade tensions are now taking a toll on business confidence and investment,” she said in her opening address to the finance officials.
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