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Rahul Tandon hears from experts as the International Monetary Fund says central bank financial stability actions should not take precedence over moves to calm inflation, unless a severe financial crisis occurs.

It’s also released a report saying Interest rates in major economies are expected to return to pre-pandemic levels.

Meanwhile as many as 93% of the countries most vulnerable to climate disasters are either in or at significant risk of debt distress - according to research by ActionAid International.

Switzerland's president, Alain Berset, says the government had no choice but to order the takeover of the troubled bank, Credit Suisse by its rival UBS, so as to prevent a financial crisis.

(Picture: International Monetary Fund (IMF) Managing Director Kristalina Georgieva – Source: EPA-EFE/REX)