News Snapshot:
WASHINGTON, D. C.: Cooperation between the United States and China, the world’s two largest economies, would be vital for a faster global recovery from the coronavirus disease (Covid-19) pandemic, the managing director of the International Monetary Fund (IMF), Kristalina Georgieva, said on Thursday (Friday in Manila). “What we see today is the [United States] and China being the two engines that are powering up the world economy. They are the first to be able to reach their pre-Covid levels among the large economies,” Georgieva told Xinhua at a virtual press conference after a meeting of the International Monetary and Financial...
