The managing director of IMF (International Monetary Fund)Kristalina Georgieva, said this Friday (17) that she expects a agreement between the United States and China what to avoid disruption of the flow of rare earths into the global economy, adding that such restrictions would have a “material impact” on growth.
Georgieva told a news conference during the IMF and World Bank annual meetings in Washington that such a scenario would worsen uncertainty and undermine an already weakened global growth outlook.
“There is also still a feeling of anxietybecause the performance of the world economy is below what we need and because there is a very dark cloud of uncertainty still hanging over our heads, and this uncertainty has become the new normal”, said the director.
