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World risks ‘tepid Twenties’ as debt levels and inflation soar, warns IMF

World risks ‘tepid Twenties’ as debt levels and inflation soar, warns IMF

The world is at risk of a “sluggish and disappointing decade”, the head of the International Monetary Fund has warned, while urging vigilance to restore price stability and jumpstart economic growth. Kristalina Georgieva, managing director of the IMF, said: “Without a course correction, we are … heading for the Tepid Twenties”. She urged governments to...

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Trump’s wealth surges by $5.5bn as Truth Social starts trading

Trump’s wealth surges by $5.5bn as Truth Social starts trading

Donald Trump has entered the ranks of the world’s 500 richest people after shares in his social media company surged on their Wall Street debut. Shares in Trump Media and Technology Group (TMTG), the entity behind Mr Trump’s Twitter rival Truth Social, rose by more than 50pc at one point after it arrived on the...