नवीनतम
IMF Chief warns Iran war triggered large global economic shock
NEW DELHI [Maha Media]: Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva warned that the Iran war has triggered a large global economic shock, disrupting energy supplies and pushing up prices worldwide, with the impact expected to linger well into next year. In a recent interview, the head of the IMF said that the scale and duration of the disruption would determine the long-term fallout, but cautioned that the effects are already widespread.
She said that 13 per cent of oil and 20 per cent of gas that would have flown in the world is now stuck for five weeks and counting. She further said that the impact is global and uneven, and it affects different countries differently. The IMF chief also cautioned that even a ceasefire would not bring immediate relief.
Kristalina Georgieva's comments came a day before the International Monetary Fund and World Bank kick off their annual spring meetings in Washington, and after US regulators last week convened an emergency meeting with top bank chiefs over the new AI model.
"We don't have the ability to -- us as a world -- to protect the international monetary system against massive cyber risks," she told CBS News' "Face the Nation" program. "We are very keen to see more attention to the guardrails that are necessary to protect financial stability in a world of AI," she said, seeking global collaboration on the issue.
"Yes, this is an issue that has been addressed here in the United States, but it is an issue that easily can present itself in other parts of the world, and that is why we need people to cooperate."
Anthropic announced on April 7 that it was limiting the release of its new "Mythos" model over risks posed by its unprecedented ability to rapidly identify security vulnerabilities. The company said it was working with a consortium of major US firms to test the model, raising concerns that foreign companies may miss out on vital safety preparations.
