G7 pledges $2.5 billion for food insecurity in 44 vulnerable countries
G7 countries have pledged $2.5 billion to address food insecurity in vulnerable nations, French Finance Minister Roland Lescure said on Thursday in Bangkok. The announcement came on the sidelines of the annual meetings of the International Monetary Fund and the World Bank. Lescure said the World Bank has identified 44 countries that may face food security issues because of soaring global energy prices. He said the G7 was focused on what he called the poorest countries, describing them as the weakest links in the current global situation. The minister said the pledge is meant to support food security, with particular... [Continue Reading]
Breaking-360LiveNews | 16 Oct 2026 06:30 LONDON
Advert for a company owned by the publisher of 360LiveNews.
IMF warns of elevated AI and cyber risks to global financial system in Bangkok
The International Monetary Fund has warned that elevated risks linked to artificial intelligence and cyber threats could trigger a sharp tightening of financial conditions and market turmoil. The warning was set out in the fund's latest Global Financial Stability Report, released during the second day of its annual meetings with the World Bank in Bangkok. The report said an AI-related market correction and severe cyber incidents are plausible near-term catalysts for disruption.The IMF said the recent boom in artificial intelligence, together with heavy investment in semiconductors and data centres, has supported global growth. It also cautioned that growing evidence suggests... [Continue Reading]
360LiveNews | 13 Oct 2026 07:32 LONDON
