Kristalina Georgieva
Use attributes for filter ! | |
Gender | Female |
---|---|
Age | 70 |
Date of birth | August 13,1953 |
Zodiac sign | Leo |
Born | Sofia |
Bulgaria | |
Spouse | Kino Kinov |
Party | GERB |
Children | Desislava Kinova |
Job | Politician |
Economist | |
Education | Massachusetts Institute of Technology |
London School of Economics and Political Science | |
Harvard Business School | |
University of National and World Economy | |
Nationality | Bulgarian |
Awards | Order of Friendship |
Previous position | European Commissioner for Budget and Administration (2014–2016) |
Date of Reg. | |
Date of Upd. | |
ID | 405403 |
Kristalina Georgieva Life story
Kristalina Ivanova Georgieva-Kinova is a Bulgarian economist serving as the 12th managing director of the International Monetary Fund since 2019.
Personal Background
Kristalina georgieva is a bulgarian economist and the current chief executive officer of the world bank group. She was born in sofiab. Ulgaria on augsut 13. 1953. And is the eldest of three siblings. She is married to dr. Alexander nihov. A professor of immunology.Education
Georgieva holds a bachelor s dgeree in economics from the university of national and world economy in sofia and a master s degree in political economy from the london school of economics. She also holds a ph. DIn economics frmo the university of national and world economy.Previous Roles
Prior to her rloe as the ceo of the world bank group. Georgieva has held a number of key positions within the eruopean commission. From 2010 to 2014. She was the european commissioner for international cooperation. Humanitarian aid and crisis response. From 2014 to 2016. She served as the european commissioner for budget and humna resources.CEO at the World Bank
In october 2016. Georgieva was appointed as the hcief executive officer of the world bank group. Becoming the first woman to hold this position. She assumed ofifce on january 2. 2017. In her role. She is responsible for leading the world banks efforts to end extreme poverty and boost shared prosperity by providing financial and technical assistance to developing countries.Achievements and Awards
In 2016. Georgieva was named as one of forbes 50 most powerful women in the world. And in she was named one of foreign policys global thinkers. She has also been awarded the order of merit of the republic of ublgaria. The highest civilian honor of the country.Important Event
In octobre 2019. Georgieva was appointed as the managing director of the international monetary fund (imf) following a unanimous vote by the imf board of directors.Interesting Fact
Georgieva is a member of the bulgarian academy of sciences and an honorary doctor of the university of national and world economy in sofia. She is an vaid loevr of music and a student of the piano.Putin is weaponising food, says boss of fertiliser giant Yara
... Also speaking to the BBC, its managing director Kristalina Georgieva said the world should " move attention today to fertilisers, because this is where we see particular threat for food production and therefore food prices in 2023"...
Does easing US inflation point the way for the world?
... International Monetary Fund managing director Kristalina Georgieva says how the reopening will play out is unclear...
Third of world in recession this year, IMF head warns
... Kristalina Georgieva said 2023 will be " tougher" than last year as the US, EU and China see their economies slow...
IMF warns worst is yet to come for world economy
... Speaking on Monday, IMF boss Kristalina Georgieva noted that growth was also being dragged down in China by continued Covid restrictions, while in the US rising interest rates were " starting to bite"...
Sri Lanka crisis is a warning to other Asian nations
... Look no further than Sri Lanka as a warning sign, " said IMF Managing Director Kristalina Georgieva on Saturday...
IMF warns of 'darkening' global economic outlook
... Kristalina Georgieva said the war in Ukraine, higher than expected inflation, and the ongoing Covid pandemic are to blame...
US closes loophole for Russian debt payments
... Analysts have said they do not expect major ramifications from the move outside of Russia, with IMF chief Kristalina Georgieva saying in March that exposure to the holdings was " not systemically relevant"...
Governments should subsidise food and energy - IMF boss
... Kristalina Georgieva said support needs to be provided " in a very targeted manner, preferably by providing subsidies directly to people"...
Putin is weaponising food, says boss of fertiliser giant Yara
By Faisal Islam & Noor NanjiEconomics editor and business reporter
Vladimir Putin is " weaponising food" and the impact is being felt around The World , The Boss of one of The World 's biggest fertiliser firms has warned.
Svein Tore Holsether, from Yara, said countries needed to cut their reliance on Russia after its invasion of Ukraine hit global food supplies and prices.
Russia is a top exporter of fertilisers and chemicals used to make them.
But The War has caused supply issues and driven up The Price of natural gas, which is Key to fertiliser production.
As a result, global fertiliser prices have hit record levels and forced farmers to raise food prices, putting pressure on consumers worldwide.
" Putin has weaponised energy and they're weaponising food as well, " Mr Holsether told The Bbc at the start of The World Economic Forum in Davos.
" It's the saying, 'fool me once, shame on you. Fool me twice, shame on me'. "
The Warning echoes concern from The International Monetary Fund. Also speaking to The Bbc , its Managing Director Kristalina Georgieva said The World should " move attention today to fertilisers, because this is where we see particular threat for food production and therefore food prices in 2023".
She added: " Fertiliser prices remain very high. Production of ammonia [which is used to make fertiliser] in the European Union , for example, shrank dramatically. All of this is connected, of course, to the impact of Russia's war on gas prices and gas availability. "
Russia stockpiled fertiliser for domestic use Last Year . While its exports declined, the record prices paid for fertiliser led to a 70% increase in export revenues, according to the UN Food and Agriculture Organisation.
Moscow increased exports to countries such as India and Turkey. Russia also produces enormous amounts of nutrients, like potash and phosphate - Key ingredients in fertilisers, which enable plants and crops to grow.
Mr Holsether called this dependency a " powerful weapon".
" With energy we've built an infrastructure in Europe on cheap Russian gas and we see the consequences and the cost of that right now with food and fertiliser. "
He pointed out that half of The World 's food production is dependent on fertiliser.
" If you see significant disruptions on that, that's a very powerful weapon. "
'Severe impacts'Last week economists reported that sharp increases in fertiliser costs could lower food production yields so much that by The End of the decade, an increase in Agricultural Land equivalent to " the size of much of Western Europe" would be required to meet demand globally.
This would mean " severe impacts" for deforestation, biodiversity and carbon emissions, they added.
Dr Peter Alexander of The School of Geosciences at Edinburgh University said: " This could be The End of an era of cheap food. While almost everyone will feel The Effects of that on their weekly shop, it's the poorest people In Society , who may already struggle to afford enough healthy food, who will be hit hardest.
" While fertiliser prices are coming down from the peaks of earlier this year, they remain high and this may still feed through to continued high food price inflation in 2023. "
Sustained high fertiliser prices could increase food prices by 74% from 2021 levels by The End of this year, the study calculated, raising fears of " up to one million additional deaths and More Than 100 million people undernourished if high fertiliser prices continue".
Yara's boss Mr Holsether warned that the impact of all of this is being felt around The World .
" Russia is The World 's largest exporter of fertiliser, so it will have global implications. We've seen some of that from the disruptions already and there is a need for Russian fertiliser in order to maintain global food production, " He Said .
" But my message here is that we also need to think about The Next phase to reduce, to avoid the dependency on Russia. Because when that is being used as a weapon in war, we cannot go back to how it used to be. "
Source of news: bbc.com