International Monetary Fund (IMF) Managing Director Kristalina Georgieva said that the US economy does not have much time left to demonstrate the high rates of its current activity. His words lead the way RIA News.
“The US economy is still firing on all cylinders, but that’s unlikely to last much longer,” he said.
He also noted that productivity growth in the United States has been driven by greater private investment in the development of new technologies than in the EU.
Before that Georgieva statedThe number of restrictions on international trade has quadrupled in recent years, which is having a devastating impact on the global economy. According to the IMF chief, there has been a fourfold increase in trade restrictions in recent years. 2.5 thousand of them were accepted. Georgieva noted that 70 percent of these were destructive and had an extremely negative impact on trade.
Previously at IMF saidWho benefits from rising energy prices?
What are you thinking?
Source: Gazeta
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