IMF chief warns ‘uncertainty is the new normal’ in global economy

Investors are increasingly turning to gold, bitcoin, and shares as they express concerns over rising government debt and the stability of major currencies. This trend highlights a growing lack of confidence in traditional financial systems and central banks, prompting individuals to seek safer investment avenues. The surge in these assets reflects a broader sentiment that many believe could lead to sustained growth in their value, making it a significant moment for both investors and the financial markets.

Outgoing French Prime Minister Sébastien Lecornu is set to present a draft budget next Monday, highlighting significant debates ahead, particularly around President Emmanuel Macron's pension reform from 2023. This budget is crucial as it could influence the future of the pension reform and the overall economic landscape in France. Additionally, with gold prices soaring past $4,000 per ounce, understanding the factors driving this surge is essential for investors and policymakers alike.

IMF chief Kristalina Georgieva has issued a stark warning about the current state of the global economy, stating that 'uncertainty is the new normal.' This comes as rising tariffs continue to impact economic stability worldwide. Her remarks highlight the challenges that countries face in navigating a landscape marked by unpredictability, which could affect growth and trade. Understanding these dynamics is crucial for businesses and policymakers alike.

Gold has seen a remarkable 50 percent increase in price in 2025, and experts suggest this surge is about more than just political events like Trump's influence. The metal is evolving into a versatile asset that appeals to investors seeking stability in uncertain times. This shift highlights gold's growing importance in financial markets, making it a key player for those looking to diversify their portfolios.

The Bank of England has issued a warning about a potential correction in the AI market, suggesting that soaring tech valuations may face a downturn due to disappointing advancements in artificial intelligence. This comes as gold prices have reached a record high of $4,000 an ounce, reflecting a significant increase over the past two years. The news is particularly relevant as it highlights the volatility in tech investments and the contrasting stability of gold, which has seen a remarkable rally this year. Additionally, Peter Hargreaves, co-founder of Hargreaves Lansdown, is retiring, marking a significant change for the UK's largest personal investment platform.

The Bank of England has raised alarms about the increasing risk of a sudden correction in global markets, particularly due to the soaring valuations of leading AI companies. This warning highlights the potential instability in the financial landscape, suggesting that the current enthusiasm surrounding AI investments may not be sustainable. As the financial policy committee points out, the possibility of a sharp market correction has grown, which could have significant implications for investors and the economy at large.

Gold prices have surged past $4,000 an ounce, marking a significant milestone as investors flock to this safe-haven asset amid rising debt concerns and challenges facing the US dollar. This shift not only highlights the growing appeal of gold but also raises questions about the future stability of dollar-denominated assets like Treasury Bonds. The Trump administration's uncertainty regarding furloughed workers' pay adds to the economic anxiety, making gold's rise even more relevant as a protective investment.

Gold has reached a historic milestone, surpassing $4,000 per ounce for the first time, driven by investors looking for a safe haven amid rising political uncertainties in the US, France, and Japan. This surge marks the largest rally for gold since the 1970s, highlighting its enduring appeal as a stable investment during turbulent times. As global tensions rise, many are turning to gold to protect their wealth, making this development significant for both investors and the broader economy.

Gold prices have surged past $4,000 an ounce, driven by rising uncertainty in the market. Analysts attribute this rally to delays in the reporting of economic data caused by the US government shutdown, which has left investors seeking safe-haven assets. This significant increase in gold prices highlights the ongoing volatility in the economy and the importance of gold as a reliable investment during uncertain times.

Cameroon's 92-year-old President Paul Biya made a notable public appearance at his first campaign rally for the upcoming election, where he aims to secure an unprecedented eighth term. This event is significant as it highlights the ongoing political landscape in Cameroon and the endurance of its long-standing leader, drawing attention both locally and internationally.

An inquest has revealed that staff at a care home were not adequately trained to identify safe foods for resident Christine Thomas, who tragically choked on a doughnut. This incident raises serious concerns about the safety protocols in place at care facilities, highlighting the need for better training and oversight to prevent such avoidable tragedies in the future.

French President Emmanuel Macron is set to appoint a new prime minister by Friday, following the resignation of his third prime minister in just a year. This change comes amid increasing pressure on Macron's administration, highlighting the challenges he faces in maintaining stability and support within his government. The new appointment could significantly impact France's political landscape and the direction of future policies.

In a significant development, Israelis and Palestinians celebrated the announcement of a ceasefire and hostage deal, marking a hopeful turn in the ongoing conflict in Gaza. This agreement comes as part of U.S. President Donald Trump's initiative aimed at bringing an end to the war, highlighting the potential for peace and stability in the region. The deal not only brings relief to those affected by the violence but also opens the door for further negotiations and dialogue.

Israel and Hamas have taken a significant step towards peace by agreeing on the first phase of a ceasefire deal for Gaza. This development raises hopes that the ongoing conflict may finally come to an end, providing relief to countless civilians affected by the violence. The agreement marks a crucial moment in the pursuit of stability in the region.

A potential deal between Israel and Hamas is generating hope for grieving families as it may include the return of hostages and prisoners from both sides. This development is significant as it not only addresses the humanitarian crisis but also offers a glimmer of hope for families longing for closure regarding their loved ones. NPR's coverage highlights the emotional toll on families, particularly focusing on those like the cousin of a man whose remains are held in Gaza.