IMF Managing Director GEORGIEVA said central banks should prioritize price stability.

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Magdalena Andersson, leader of Sweden’s Social Democrats, was defeated in the first parliamentary vote for prime minister. Andersson received 99 votes in favor — matching her party’s seat count — 248 against and two absent; she has not yet secured necessary agreements with allies. Under Swedish law parliament may hold up to four votes for a PM candidate; if all fail a new election must be called, so Andersson could face further ballots in the coming weeks and improves her prospects only if she secures allied support before the next vote.