International Monetary Fund (IMF) Managing Director Christine Lagarde attends a meeting on the digital economy at the G20 Summit in Osaka on Friday. Jacques Witt/ AFP
International Monetary Fund Managing Director Christine Lagarde on Saturday urged G20 policymakers to reduce tariffs and other obstacles to trade, warning that the global economy had hit a “rough patch” due to the trade conflict.
“While the resumption of trade talks between the United States and China is welcome, tariffs already implemented are holding back the global economy, and unresolved issues carry a great deal of uncertainty about the future,” Lagarde said in a statement issued upon conclusion of the Group of 20 summit in Osaka, western Japan.
The head of the International Monetary Fund said on Tuesday that fresh trade tensions between the United States and China were the main threat to the world economy.
Growth in the West bank and Gaza has to be focused on creating jobs, the head of the International Monetary Fund said on Wednesday, as she discussed the Trump administration’s $50 billion economic plan
She said her resignation would expedite the selection for the next head of the IMF.
Burundi’s ruling party youth league is forcing citizens to donate money to fund next year’s election, Human Rights Watch said on Friday, as fears of abuses and renewed violence grow ahead of the vote.
South Africa’s struggling state power utility Eskom warned that power cuts would occur again from 9am (0700 GMT) on Friday until 6am on Saturday, as its generating units continue to perform at low levels of reliability.
Indian police shot dead four men on Friday who were suspected of raping and killing a 27-year-old veterinarian in the southern city of Hyderabad last week, a senior police official told Reuters.