IMF chief hopes for easing of US, China tensions to avoid hit to global economy

Annual IMF and World Bank meetings were overshadowed by trade tensions between the U.S. and China, with IMF chief Kristalina Georgieva warning of a "material impact" on growth if rare earth flows are cut. Despite anxieties, member countries expressed relief at the global economy's resilience and reaffirmed commitment to multilateral cooperation and free trade agreements.