Warning from Kristalina Georgieva after G7 explores economic resilience, secure global supply chains and less reliance on China
Fragmentation of the global economy into rival trading blocs runs the risk of prompting a new cold war, the head of the International Monetary Fund warned.
Kristalina Georgieva, the IMF’s managing director, said a combination of the global pandemic, the war in Ukraine and shortcomings with globalisation had led to a potentially dangerous splintering.
