IMF Chief Warns of Fragile Global Economy and Potential Explosive Consequences.

IMF Managing Director Kristalina Georgieva warned of increasing vulnerabilities to the global economy due to slower growth and greater financial fragility. She cautioned that interest rates would go up after being low for so long and there would be no vulnerabilities. Georgieva also warned about the potential negative economic impacts of the world dividing into different geopolitical camps because of frictions caused by Russia’s war in Ukraine and other forces that are fueling suspicions between the United States and China.