IMF warns of fragile world economy and U.S.-China tensions.

The International Monetary Fund (IMF) has warned that the global economy is set to grow at its slowest pace since 1990, with growth expected to dip below 3% in 2023. IMF head Kristalina Georgieva called for more help for low-income countries, as higher borrowing costs come at a time of weakening demand for their exports. She also urged authorities to continue to raise interest rates to fight inflation, but warned that policymakers would face difficult trade-offs between their inflation and financial stability objectives if financial pressures were to increase.