Finance chiefs met in Bangkok to debate the biggest risks to the global economy, with debt, artificial intelligence and trade imbalances at the top of the list, while China was no longer a main worry. The IMF warned that AI-related borrowing is pushing up debt and borrowing costs, and that if AI fails to deliver the promised productivity gains, the global economic fallout could be severe. IMF Managing Director Kristalina Georgieva said strong growth alone won't put the U.S. on a sustainable path with federal debt above $40 trillion, a warning a Treasury adviser dismissed. The Group of Seven pledged 260 million euros ($300 million) to repair the Chornobyl nuclear plant and aims to reach 500 million euros at a donor conference in Paris next month. One analyst said U.S.-China relations appear more stable, which is why China has been discussed far less than in 2018.
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| Change that session | +0.20% |
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