1 WORLD BANK APPOINTS NEW COUNTRY DIRECTOR FOR PAKISTAN WWW.WORLDBANK.ORG PUBLISHED:2025/07/01      2 MONGOLIAN NATIONAL APPOINTED AS UN RESIDENT COORDINATOR IN KAZAKHSTAN WWW.MONTSAME.MN PUBLISHED:2025/07/01      3 MONGOLIA AND EURASIAN ECONOMIC UNION SIGN INTERIM FREE TRADE AGREEMENT WWW.MONTSAME.MN PUBLISHED:2025/07/01      4 PRESIDENT U.KHURELSUKH CONGRATULATES MONGOLIAN WOMEN’S 3X3 BASKETBALL TEAM ON HISTORIC WORLD CUP ACHIEVEMENT WWW.GOGO.MN PUBLISHED:2025/07/01      5 THE HU BRING EPIC MONGOLIAN METAL TO HELLFEST 2025 WWW.METALTALK.NET  PUBLISHED:2025/07/01      6 KHAAN QUEST 2025: AN ARMY RESERVE ENGINEER’S JOURNEY IN MONGOLIA WWW.USAR.ARMY.MIL PUBLISHED:2025/07/01      7 THE INFLUENCE OF NATURAL FACTORS ON THE SPATIAL DISTRIBUTION OF AUFEIS IN ULAANBAATAR, MONGOLIA WWW.FRONTIERSIN.ORG  PUBLISHED:2025/07/01      8 TMK DRILLS FINAL MONGOLIAN PILOT HOLE AMID DEVELOPMENT PARTNERSHIP TALKS WWW.THEWEST.COM.AU PUBLISHED:2025/06/30      9 PM PLANS TO CUT BUDGET BY 2 TRILLION MNT WWW.GOGO.MN PUBLISHED:2025/06/30      10 THE MONGOLZ ANNOUNCE ACADEMY ROSTER / MONGOLIAN PASSION FOR COUNTER-STRIKE / WHY ARE MORE TEAMS INVESTING MORE IN ACADEMY ROSTERS? WWW.ESPORTS-NEWS.CO.UK  PUBLISHED:2025/06/30      ДЭЛХИЙН БАНКНЫ ПАКИСТАН ДАХЬ СУУРИН ТӨЛӨӨЛӨГЧӨӨР МОНГОЛ ХҮН ТОМИЛОГДЖЭЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/07/01     МОНГОЛ УЛС ТОГТВОРТОЙ, НАЙДВАРТАЙ ГАДААД ОРЧИН БҮРДҮҮЛЭХЭД АНХААРЧ БУЙГ ТОДОТГОВ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/07/01     Х.НЯМБААТАР ГАДНЫН ЗАХ ЗЭЭЛЭЭС БОСГОСОН 500 САЯ ДОЛЛАРЫН БОНДОО АРИЛЖААНЫ БАНКУУДАД БАЙРШУУЛЖ, 5.7 ТЭРБУМ ТӨГРӨГИЙН ХҮҮГИЙН АЛДАГДАЛД ОРЖЭЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/07/01     МОНГОЛ УЛСЫН ЗЭЭЛИЙН ЭРСДЭЛИЙН ҮНЭЛГЭЭГ НЭГ ТҮВШИН АХИУЛЛАА WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/07/01     MMC-ИЙН ХУВЬЦАА СҮҮЛИЙН НЭГ ЖИЛД 36 ОРЧИМ ХУВИАР УНАЛАА WWW.EGUUR.MN НИЙТЭЛСЭН:2025/07/01     ЦАХИМ МӨРИЙТЭЙ ТОГЛООМЫГ БҮРЭН ХОРИГЛОХ ХУУЛЬ ӨНӨӨДРӨӨС ХЭРЭГЖИЖ ЭХЭЛЛЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/07/01     МОНГОЛД ВИЗГҮЙ ИРЭЭД ТӨЛБӨРТ ҮЗЛЭГ, ОНОШИЛГОО ХИЙСЭН БНСУ-ЫН 15 ИРГЭНИЙГ АЛБАДАН ГАРГАЛАА WWW.EGUUR.MN НИЙТЭЛСЭН:2025/07/01     Г.ЗАНДАНШАТАР: УУЛ УУРХАЙН ЛИЦЕНЗИЙГ ШАМШИГДУУЛЖ АВСАН НИЙТИЙН АЛБАН ТУШААЛТАНД ХАРИУЦЛАГА ТООЦНО WWW.ITOIM.MN НИЙТЭЛСЭН:2025/06/30     С.БАДРАЛ: ШИЙДВЭР ГАРГАГЧИД AI НЭРИЙН ДОРХ ШОУГАА ЗОГСООЖ, ХИЙМЭЛ ОЮУНЫ СТРАТЕГИЭ БАТЛАХ ХЭРЭГТЭЙ WWW.GOGO.MN НИЙТЭЛСЭН:2025/06/30     THE MONGOLZ АКАДЕМИЙНХАА БҮРЭЛДЭХҮҮНИЙГ ЗАРЛАЛАА WWW.NEWS.MN НИЙТЭЛСЭН:2025/06/30    

Global economy faces 'its biggest test' since WWII www.cnn.com

Davos, Switzerland (CNN Business)The global economy is being brought to the edge of a precipice by crisis upon crisis.
As the first World Economic Forum to be held in person since 2020 opened in Davos, Switzerland on Monday, the International Monetary Fund said the economy faces "perhaps its biggest test since the Second World War."
"We face a potential confluence of calamities," IMF Managing Director Kristalina Georgieva said in a statement.
She warned that Russia's invasion of Ukraine has "compounded" the effects of the Covid-19 pandemic, weighing on the economic recovery and fanning inflation as the cost of food and fuel jumps.
Rising interest rates are adding to pressure on countries, companies and households with big piles of debt. Market turbulence and ongoing supply chain constraints also pose a risk.
And then there's climate change.
To limit the economic stress, the IMF is calling for government officials and business leaders meeting in Davos to discuss lowering trade barriers.
But as countries battle growing dismay about the cost-of-living crisis at home, some are heading in the opposite direction, implementing restrictions on trade in food and agricultural products that can exacerbate shortages and push up prices globally.
Earlier this month, India's decision to ban the export of wheat sent the price of the grain soaring, even though it's a relatively small exporter. Indonesia banned most exports of palm oil in April to protect domestic supplies, but will lift the ban this week.
— This is a developing story and will be updated.


Published Date:2022-05-23