Economise on energy and don’t rush rate rises, says IMF

Faisal IslamEconomics editor, in Washington DC International Monetary Fund (IMF) Managing Director Kristalina Georgieva tells me at the IMF Spring Meetings that countries should start to economise on energy supplies. She says this is due to the reality of physical shortages, especially in Asia of some petrochemical derivatives - obviously energy, but also helium, naphtha, urea - used for semiconductors - plastics and fertilisers. She says it will still take weeks to turn around even if a ceasefi