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Added on the 07/04/2023 11:43:58 - Copyright : France 24 EN
The EU is to donate another 200 million Covid-19 vaccine doses to low-income countries, more than doubling its present pledge, the bloc's chief Ursula von der Leyen announces. SOUNDBITE
IMF chief Kristalina Georgieva warns that "global growth will turn sharply negative in 2020," with 170 of the International Monetary Fund's 180 members experiencing a decline in per capita income, due to the global coronavirus pandemic. SOUNDBITE
"Global growth in 2020 will dip below its last year's levels," says International Monetary Fund chief Kristalina Georgieva, "but how far it will fall and how long the impact will be, is still difficult to predict." Georgieva was speaking after all 189 members of the IMF said they were united in addressing the challenges posed by COVID-19. SOUNDBITE
Images of the 7.5 magnitude quake aftermath as authorities warn of landslides and heavy rain after a powerful earthquake that killed at least 62 people. IMAGES
The head of the IMF warns that Western subsidies to combat climate change and encourage the transition to clean energy sources risk hitting developing and emerging markets. "My biggest concern is that something that in principle is very good to accelerate the transition to the green economy by using public money to step up private investment... may not serve well the emerging markets and the developing world," Kristalina Georgieva says at the World Economic Forum in Davos. SOUNDBITE
The war in Ukraine has undercut the global recovery and slowed expected economic growth in most countries in the world, IMF Managing Director Kristalina Georgieva says. "We are facing a crisis on top of a crisis," Georgieva says in a speech ahead of the spring meetings of the IMF and World Bank. SOUNDBITE
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