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20.02.26 - 11:30
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AI can help India realise ′Viksit Bharat′ dream, says IMF MD Kristalina Georgieva (Times of India)
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IMF chief Kristalina Georgieva believes AI can propel India's 'Viksit Bharat' goal and boost global growth by 0.8%, potentially exceeding pre-COVID rates. While hailing AI's economic potential, she cautioned that 40% of global jobs, including those in emerging markets, face significant disruption. India's digital infrastructure and youthful population are seen as advantageous....
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20.02.26 - 06:06
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IMF Urges Beijing To Curb Industrial Subsidies As Flood Of Chinese Goods Crushes Global Industrial Bases (ZeroHedge)
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IMF Urges Beijing To Curb Industrial Subsidies As Flood Of Chinese Goods Crushes Global Industrial Bases
China's factory overcapacity is the result of Beijing's long-running industrial policies. Years of state support have built more factory capacity than domestic demand can absorb in the world's second-largest economy, flooding global markets with low-priced goods, from EVs to TVs. The end result is a growing risk of hollowing out industrial bases worldwide, and our latest example this week has washed up on Europe's shores in the form of EVs.
China has absolutely killed the European auto market pic.twitter.com/J2AD2zyRea
— zerohedge (@zerohedge) February 19, 2026
January registrations of Chinese EVs across Europe were certainly eye-opening, signaling the decline of Europe's industrial base (read the note here). As Anduril Industries founder Palmer Luckey recently warned, "China would love to wipe out the American automotive industry, partly for economic reasons, because it also me...
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