Kristalina Georgieva said a breakdown of trust sparked a ‘reboot of the global trading system’ but the global economy will avoid a recession.

IMF head Kristalina Georgieva says a global recession is unlikely. This is despite trade tensions sparked by US tariffs. However, these trade disrupti

The International Monetary Fund's Kristalina Georgieva stated that while President Trump's tariffs will impact global growth, a recession can be avoided. The IMF expects short-term disruptions and rising inflation but stresses that smart responses to trade tensions are crucial for long-term stability.