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- 1IMF chief warns AI boom masks economic fragility from oil shocks▼IMF chief warns AI boom is masking economic fragility from oil shocks
The head of the International Monetary Fund has cautioned that the surge of investment in artificial intelligence is concealing underlying economic weaknesses, particularly economies' vulnerability to oil price shocks. The warning suggests markets may be overestimating the strength of the global economy while relying on AI-driven optimism, leaving them exposed if energy prices spike.
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Lebanese officials have expressed hope for a new staff-level agreement with the International Monetary Fund as the country continues efforts to secure financial support for its crisis-hit economy. Lebanon has been negotiating reforms required by the IMF, including banking-sector restructuring, and a fresh agreement would mark a step toward unlocking wider international assistance.
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The IMF faces a major test at its gathering in Bangkok, where policymakers are weighing how to steady a global economy strained by high debt, elevated interest rates and slowing growth. Analysts, including the Atlantic Council, are watching whether the institution can offer credible guidance to emerging economies in Asia struggling with capital outflows and currency pressure.