633K views · 1.7K reactions | What's the difference between the IMF and the World Bank? | CNBC International | Facebook

10K views · 380 reactions | Island Music Festival (IMF) 2018 OFFICIAL Aftermovie | Island Music Festival | Facebook

The 2018 External Sector Report shows that global imbalances, after narrowing in the aftermath of the global financial crisis, have remained unchanged over the past five years at about 3¼ percent of global GDP. Of this, 40-50 percent are now considered excessive – some countries are saving too much, and others are borrowing too much. Why does this matter? The persistence of excess imbalances could aggravate trade tensions and eventually become unsustainable, putting the global economy at risk. R

44K views · 386 reactions | International Monetary Fund Managing Director Kristalina Georgieva says there needs to be “more doses, [a] higher level of production” after G7 nations pledged over one billion vaccine doses for the rest of the world. “We put a price tag of what needs to be done at $50 billion,” she tells CNN's Poppy Harlow. https://cnn.it/3gwIkL7 | CNN | Facebook