VOICED : La jefa del FMI advierte que todos pierden en una guerra comercial

VOICED : La jefa del FMI advierte que todos pierden en una guerra comercial

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Interactive Video

Business, Social Studies, Economics

9th - 12th Grade

Hard

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Cristalina Giorgieva, the new head of the IMF, warns that trade conflicts are slowing global economic growth to its lowest in a decade. She highlights a synchronized global economic slowdown and notes that trade wars could cost the global economy $700 billion in 2020, about 0.8% of global GDP. The IMF plans to cut its growth forecasts for 2019 and 2020, previously set at 3.2% and 3.5%, respectively. The trade war between the US and China, the world's largest economies, involves significant tariffs on bilateral trade, with additional tensions involving other partners.

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3 mins • 1 pt

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