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A 43-page IMF report on AI warns of 'profound concerns' about massive labor disruptions and inequality. We asked GPT-4 to summarize it.

Wed, 06/19/2024 - 10:57

person holding phone with the word 'gpt-4' on it — GPT-4 is the latest multimodal large language model from Open AI, a successor to Chat-GPT.
Jaap Arriens/NurPhoto via Getty Images

AI, gpt-4o, international-monetary-fund, Inequality

Russia will grow faster than the US and all other advanced economies this year, the IMF says

Wed, 04/17/2024 - 10:02

Tech Insider : Economy

Vladimir Putin. — Russia's President Vladimir Putin.
Artem Geodakyan/POOL/AFP via Getty Images

economy, Markets, russia-economy, vladimir-putin, russia-sanctions, Western, Moscow

China's housing bust is happening at 'a historically rapid pace' only seen in the worst collapses of the last 3 decades

Wed, 02/07/2024 - 10:18

Tech Insider : Economy, Economy

Local residents look at a model of a Poly Real Estate Group housing project at a real estate showroom on May 25, 2023 in Sanya, Hainan Province of China. — Local residents look at a model of a Poly Real Estate Group housing project at a real estate showroom on May 25, 2023 in Sanya, Hainan Province of China.
VCG/Getty Images

economy, Real Estate, Markets, Markets, China, china-economy, housing-market

Vladimir Putin's war with Ukraine is boosting Russia's economy, IMF says

Tue, 01/30/2024 - 10:56

Tech Insider : Economy, Economy

Russian President Vladimir Putin speaks at the Kremlin, in Moscow, on February 15, 2022. — Russian President Vladimir Putin.
Mikhail Klimentyev/Sputnik AFP

economy, economy, Russia, Ukraine, ukraine-war, vladimir-putin, international-monetary-fund

China and the US risk entering a 'new cold war' as trade and investment ties strain, IMF official says

Mon, 12/11/2023 - 14:33

Tech Insider : Economy

Biden, Xi — US President Joe Biden (R) and China's President Xi Jinping (L) meet on the sidelines of the G20 Summit in Nusa Dua on the Indonesian resort island of Bali on November 14, 2022.
SAUL LOEB/AFP via Getty Images

economy, Markets, Markets, china-economy, China, Beijing, cold-war

China's property sector is facing massive risks and authorities must meet it with 'forceful action', IMF says

Tue, 10/10/2023 - 08:59

Tech Insider : Economy

Evergrande — People commute in front of the under-construction Guangzhou Evergrande football stadium in Guangzhou, China's southern Guangdong province on September 17, 2021.
Noel Celis/AFP/Getty Images

economy, Markets, mi-exclusive, China, china-economy, IMF, international-monetary-fund

About 93% of global central banks are exploring digital currencies - and that could boost de-dollarization, a report by IMF staff says

Fri, 09/22/2023 - 07:30

Close-up view of robot holding dollars — LightFieldStudios/ Getty Images

Markets, mi-exclusive, Markets, dedollarization, central-bank-digital-currencies, BRICS, De-Dollarization

Argentina plans to repay some yuan borrowings from Chinese currency swap using IMF bailout money

Thu, 08/24/2023 - 13:16

Tech Insider : Economy

FILE PHOTO: Headquarters of the People's Bank of China (PBOC), the central bank, is pictured in Beijing, China September 28, 2018. REUTERS/Jason Lee — Headquarters of the PBOC, the central bank, is pictured in Beijing
Reuters

Markets, mi-exclusive, Argentina, Yuan, IMF, international-monetary-fund, Loan

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