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The Latest Breaking News from Fund

IMF Proposes US Treasury Official As Second-in-command

The IMF has proposed appointing the US Treasury Department's chief of staff as its new number-two official, the Washington-based lender said Thursday.

International Business Times

Council told to stop investing pension funds in firms linked to war crimes in Gaza

CALLS for Strathclyde Pension Fund to end investment in companies linked to war crimes in Palestine have been issued by a West Dunbartonshire SNP…

The National (Scotland)

IMF approves $1 bn to Pakistan, but why didn’t India vote no?

On Friday, the executive board of the International Monetary Fund completed its first review of the aid given to Pakistan for economic reforms under the Extended Fund Facility lending programme, giving Pakistan immediate access to $1 billion.

Newslaundry

From analysis to the latest developments in health,
read the most diverse news in one place.

US and China holding talks on trade war, Trump says after Beijing rebuttal

President’s comments follow Chinese government’s denial of ‘baseless’ claim that Washington was close to deal

The Guardian - UK

IMF chief urges US to strike trade deals swiftly to limit damage to global economy

Kristalina Georgieva calls for trade policy settlement and says tariff wars have ‘spiked uncertainty off the charts’

The Guardian - UK

IMF World Economic Outlook: economic uncertainty is now higher than it ever was during COVID

The International Monetary Fund (IMF) has just published its World Economic Outlook, and it does not take an expert to deduce that, even among some of the world’s top economic minds, confident predictions are currently hard to come by.

The Conversation

IMF Warns Of 'Intensified' Risks To Outlook For Public Finances

Donald Trump's tariff plans have increased the risks to public finances, the International Monetary Fund said Wednesday, warning countries to get their spending plans under control and prepare for "sharper" trade-offs.

International Business Times

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IMF Slashes Global Growth Outlook On Impact Of US Tariffs

The International Monetary Fund on Tuesday slashed its forecast for global growth this year, citing the effect of US President Donald Trump's new tariff policies on the world economy.

International Business Times

World Could Boost Growth By Reducing Trade Doubt: IMF Chief Economist

Policymakers should find a way to reduce the uncertainty over trade policy kicked up by Donald Trump's tariff plans in order to boost global growth, the International Monetary Fund's chief economist said in an interview.

International Business Times

Baby boomers urged to stay in work as ‘70 is the new 50’

The IMF found that people in their 70s in 2022 had the same cognitive and physical function as people in their 50s in 2000

The Independent UK

World Economy Should Avoid Recession Despite Tariffs, IMF Chief Says

The global economy is likely to avoid a recession despite the hit to growth from US President Donald Trump's tariff rollout, the head of the International Monetary Fund said Thursday.

International Business Times

Nayib Bukele Says El Salvador Will Keep Buying Bitcoin Despite IMF Deal, Draws Criticism

Nayib Bukele is under fire among Bitcoiners and prominent figures in the crypto industry after he insisted that El Salvador will not halt its strategic Bitcoin reserve even if the IMF's funding deal clearly states that the country is prohibited from buying $BTC throughout the funding program's duration.

International Business Times

Explained: The NWSL's $5 Million Settlement

Following an investigation into widespread allegations of abuse between 2013 and 2022, NWSL players have access to a new restitution fund.

Sports Illustrated

Cate Blanchett announces refugee film fund

Cate Blanchett has announced a refugee film fund, offering five filmmakers €100,000 to tell the story of those displaced by conflict.

BANG Premier

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Space

Moon selected as historical preservation site to protect lunar heritage

The World Monuments Fund has added the moon to its watch list of 25 historic places that face major challenges and has called for preserving lunar heritage.

The Conversation

Australia’s $230 billion Future Fund encouraged to invest in housing, energy transition, infrastructure

The Albanese government has rewritten the mandate of the Future Fund – the nation’s sovereign wealth fund – to urge it to direct investment into the “national priorities” of housing, the energy transition and infrastructure, where the risk and returns are acceptable.

AAP

Mining tech firm is first to get federal fund money

Russell Mineral Equipment will get $40 million from the federal government's National Reconstruction Fund, allowing it to remain Australian-owned and operated.

The Conversation

The NZ Super Fund has Israeli investments worth $35 million – could it divest?

The decision by Israel’s parliament to designate the United Nations’ Palestinian relief agency UNRWA a “terrorist organisation” has been condemned by many governments, with claims it will create a “catastrophe in what is already an unmitigated disaster”.

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Fortune

Two years ago, world leaders established a global Pandemic Fund. Now its co-chairs are warning it needs at least $2 billion by June

Due to the high demand in many countries, the Pandemic Fund will exhaust most of its funds by next June.

International Business Times

IMF Official Calls On International Community To Bring End To Lebanon Conflict

The international community should work to end the conflict in the Middle East and address the "huge" humanitarian crisis that has engulfed countries in the region, the head of the IMF's Middle East and Central Asia department said Thursday.

International Business Times

IMF Chief Seeks More Details On BRICS Payments System Plans

The IMF wants to know more about a cross-border payments system discussed by the BRICS group of countries this week and aimed at boosting non-dollar transactions, the Fund's managing director said Thursday.

International Business Times

IMF Predicts Slightly Slower Global Growth In 2024 And 2025

Global growth is expected to ease slightly to 3.2 percent this year and remain at that level in 2025, the IMF announced Tuesday, while warning that the stable figures masked "important" regional and sectoral shifts.

The Guardian - UK

IMF warns markets are underestimating geopolitical risks; UK faces a ‘narrow path’ on debt reduction – as it happened

IMF predicts UK will grow by 1.1% this year, making it the joint third-fastest G7 country, but debt consolidation will be a challenge

RideApart

Jerk Hits Endangered Horse With UTV, Flees The Scene

Banker horses are a critically endangered species and the state horse of North Carolina, but a reckless UTV driver hit one and tried to flee the scene after.

The Guardian - UK

IMF reform is tricky: the US and China will need to work together

Europe is overrepresented while China is underrepresented, and the US will need to give up its veto

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