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The Latest Breaking News from International Monetary Fund

Are the octogenarian IMF and World Bank sprightly enough for the job?

Fragile recovery, low growth, global debt, AI, the climate … The organisations founded in 1944 have lots to talk about this week

The Guardian - UK

US set to ring alarm bells over Chinese industry on world stage

US treasury secretary Janet Yellen warned China’s leaders that the nation’s manufacturing power is a threat to global economic stability. Next week Washington has a chance to rally more countries to its cause.

The Times of India

IMF Raises Spain's 2024 GDP Growth Forecast To 1.9%

IMF raises Spain's 2024 GDP growth forecast to 1.9%, indicating positive economic prospects and potential opportunities for growth.

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Morning Digest | CSDS-Lokniti 2024 pre-poll survey: BJP has an edge, but a tough fight is possible; Arrest of Rameshwaram Cafe blast accused triggers war of words between TMC and BJP

The Hindu Morning Digest gives a select list of stories to start the day. Read the top news today on April 13, 2024

The Hindu

El Salvador Poised For New IMF Deal, Says Moody's

Learn about El Salvador's economic challenges and the importance of securing an IMF deal for financial stability.

Top News

Georgieva Reappointed For Second Term As IMF Managing Director

Kristalina Georgieva reappointed as IMF managing director for her strong leadership and commitment to global economic stability.

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IMF, World Bank, And IDB Reports Signal Expanded Lending Potential

IMF, World Bank, and IDB reports emphasize increasing emergency capital to support countries in responding to crises and promoting sustainable development.

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IMF Warns Of Potential Lackluster Global Growth In 2020S

Global economic growth projections, debt challenges, and geopolitical tensions impact the economic outlook. IMF warns of 'Tepid Twenties' without correctiv...

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Ethiopia Considers Devaluation For IMF Bailout

Ethiopia faces a critical decision on currency devaluation to secure IMF bailout amidst economic challenges. The implications of this decision are far-reac...

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US Treasury Warns Of Financial Strains In Developing Countries

US Treasury raises alarm on financial strains in developing countries, urging global support for economic stability.

Top News

IMF Chief Concerned About Potential Impact Of Higher US Rates

IMF warns about the impact of rising US interest rates on the global economy and stresses the need for coordinated policy responses.

Top News

International Monetary Fund warns cyberattacks could trigger bank runs

The damage of cyberattacks is only increasing, and geopolitical tensions are not helping, says IMF.

TechRadar

'Robust' US Has Helped Improve Global Economic Outlook, IMF Chief Says

Strong growth in the United States has helped to lift the outlook for the world economy, but more needs to be done to stem a slide in productivity, the head of the IMF said Thursday.

International Business Times

IMF Warns Industrial Policy Not Magic Cure For Slow Growth

IMF warns against relying solely on industrial policy for economic growth, stressing caution and comprehensive policy frameworks.

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Top News

Argentine President Milei Seeks Economic Overhaul With US Support

President Milei of Argentina seeks U.S. support for market-oriented economic reforms and lithium reserves to revitalize the economy.

The Guardian - AU

Talk of interest rate cuts soon is optimistic – here’s why the RBA may decide doing nothing is safer

Australians are hurting from rate rises more than anyone. But that doesn’t mean the Reserve Bank is about to start cutting

The Guardian - UK

Aggressive use of state subsidies risks expensive trade wars, IMF warns

Call for caution amid fears government intervention could lead to costly mistakes and prompt subsidy battle

The Times of India

Muhammad Aurangzeb: From JPMorgan to Pakistan’s finance minister with no pay

Pakistan’s new finance minister is on a mission to fix his country. To many, it’s an unenviable task.

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The Guardian - UK

Global economic risks ‘could eclipse anything since second world war’, says JP Morgan boss

In annual letter to investors, Jamie Dimon warns ‘wars in Ukraine and Middle East could become far worse’

The Guardian - UK

Built on sand: can Egypt’s new seaside city protect the country from war at its borders?

Ras el–Hekma is part of a $60bn package to help the economy withstand the impact of conflict in Gaza, but critics fear the money will entrench a corrupt, oppressive regime

The Guardian - UK

IMF warns BoE over keeping UK interest rates high due to fixed-rate mortgages

Risk of declining consumption, house price falls and defaults as tighter policy finally has impact

The Guardian - UK

Jamaica needs teachers, yet England poaches them and classrooms lie empty. How can that be right?

People want to make good lives for themselves, but the UK has taken so much from the Caribbean. Better to help the islands thrive, says academic Gus John

International Business Times

IMF Discusses Bitcoin Risks in El Salvador Funding Talks

The IMF signaled that it remains interested in financing a program for El Salvador, but it also reiterated that risks associated with Bitcoin need to be addressed first.

International Business Times

IMF Chief Georgieva Sole Candidate In Reelection Process

The International Monetary Fund confirmed Thursday that its current managing director is the only candidate to lead the global financial institution once her first term expires later this year.

Top News

Ethiopia Creditors Extend Deadline For IMF Agreement

Ethiopia's creditors extend deadline for IMF deal to end of June, crucial for economic stability.

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