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.
Interior Minister Suleyman Soylu said 39 people have been rescued alive from collapsed buildings in Elazig province, with a further 22 people estimated to be trapped under the rubble. He said the death toll had risen to 22.
Prime Minister Hassan Diab, the successor to Saad Hariri who quit as prime minister in late October, vowed to meet demands from the street — but demonstrators were unconvinced.
Following the announcement of the jury panel, members held their first meeting, where they discussed the work mechanisms for the upcoming stage that includes reviewing the list of nominations received from the Technical Advisory Committee to determine the ultimate winners of the Award.