The concept of Central Bank Digital Currency (CBDC) – the opposite of decentralized crypto – whose purpose can be summed up as a way to keep financial power firmly cemented in the hands of governments and their central banks in the digital age, unsurprisingly has a staunch supporter in the International Monetary Fund (IMF). Both CBDCs and the IMF are global darlings and here, they come together,... 

During an IMF “Debate on the Global Economy” Thursday, International Monetary Fund Director Kristalina Georgieva hinted that the world’s economic overlords may have screwed us all. Moderated by CNBC anchor Sara Eisen, European Central Bank President Christine Lagarde, U.S. Federal Reserve Chairman Jerome Powell, Barbados Prime Minister Mia Mottley, and Indonesian Minister of Finance Sri Mulyani... 

The international financial watchdog earlier estimated the recent trade rows had already cost the world economy about $700 billion or an 0.8 percent slump in global GDP, outlining the data in a soon-to-be-published annual report by the IMF. Chief of the International Monetary Fund Kristalina Georgieva has described the fearsome possibility of a repetition of the Great Depression, in light of today’s...