IMF
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🇷🇺 BRICS flexes growing muscle at Putin-hosted Kazan summit, drawing UN chief and NATO’s Turkey as potential member. While far from challenging IMF or dollar dominance, the bloc’s expansion signals shifting global power as developing nations seek alternatives to Western-led systems.
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🌍 IMF chief Georgieva warns of global economy trapped in low-growth spiral as debt hits $100T milestone. Despite ‘soft landing’ in sight, public dissatisfaction grows amid weak growth, persistent inflation, and dwindling government resources for key challenges.