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Russia 'lost standing’ despite ‘a breather’ from higher oil prices, IMF chief says
While Russia has emerged as one of the very few winners from the recent disruptions to the global oil market amid the Iran war, this is not enough to offset the hit of sanctions and isolation, the managing director of the International Monetary Fund (IMF) told Euronews. After two years of strong performance driven by a shift to a war economy, Russia’s economic situation is weakening, IMF Managing Director Kristalina Georgieva told Euronews. And although the IMF raised its forecast for...
IMF Chief, Venezuelan Officials Hold Talks on Economic Stability
Kristalina Georgieva, managing director of the International Monetary Fund (IMF), at a news conference during the International Monetary Fund (IMF) and World Bank Spring meetings at the IMF headquarters in Washington, DC, US, on Friday, April 17, 2026. The International Monetary Fund downgraded its growth projection for the year after the war in the Middle East triggered a major oil shock and included the possibility of a downturn if the conflict drags on and energy infrastructure is...
IMF Chief Warns World Isn’t Ready for Shocks That Are Piling Up
Kristalina Georgieva during an interview for the "Leaders with Francine Lacqua" podcast in London, on April 22. Photographer: Jose Sarmento Matos/Bloomberg
IMF warns against further relaxation of euro area fiscal rules
The IMF has urged euro area countries to tighten their fiscal policies rather than relaxing them further in response to the energy crisis, with an extra adjustment effort required from high-debt nations. Euro area countries should not further relax fiscal measures to tackle the current energy shock but rather improve their budget balances, with additional effort asked of high-debt countries, the International Monetary Fund (IMF) has warned. "Further relaxation of fiscal rules risks...
A 5.3-million-year-old deep-sea whale necropolis in the Diamantina Zone
Abstract Whale falls are biodiversity oases at seabeds1,2,3,4,5,6, yet their record from the oceans has remained sparse and fragmentary6,7. Here we report the discovery of a vast whale necropolis in the Diamantina Zone (4,616- to 7,001-m depth), extending about 1,200 km along the sea floor of the southeastern Indian Ocean. This area has a deep and extensive accumulation comprising five modern natural whale-fall communities and 476 fossil cetaceans recorded.