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The Latest Breaking News from International Monetary 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

Malawi presidential elections: Who is running and what’s at stake?

The small African country is still reeling from the fallout of last year’s region-wide drought that devastated harvests.

Al Jazeera

Milei has transformed the Argentinian economy — if only Labour would take note

A long-term economic basket case, the country has been revived by the radical policies of its controversial president. So what can we learn from them?

Evening Standard

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

Political instability in France: How does it impact the economy and investments?

Economic risks are emerging in France while political instability looms, as the third government is in danger of falling in little over a year. Further attempts to tackle the country’s enormous debt could be choked until after the next presidential election in 2027.

Euronews

OPINION - Labour's calamitous first year has turned the country into a tinderbox

On the bright side, it’s not as bad as France, where the government may have to be bailed out by the IMF. There the tumbrils are rolling and the French Left is planning what looks like a general strike, with the fun slogan, “Bloquons tout” or ‘block everything’. Emmanuel Macron…

Evening Standard

‘Just hysteria’: UK faces a crisis but the IMF bailout talk is overblown

Despite sluggish growth and rising borrowing costs, most economists agree that Rachel Reeves doesn’t face a repeat of 1976

The Guardian - UK

UK retail stocks tumble as Deutsche Bank cuts ratings, French market drops on political fears - as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

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Global Growth Slows In 2025 As Inflation And Policy Uncertainty Weigh

IMF and OECD revise growth forecasts downward, warning that trade tensions and elevated inflation could dampen investment and global recovery.

International Business Times

7 best new movies to stream this weekend on Netflix, Hulu, Prime Video, and more (August 23-24)

Looking for what to watch this weekend? A new 'Mission: Impossible,' 'The Bad Guys 2,' ‘The Map That Leads to You,' and more movie night hits just landed on streaming.

Tom’s Guide

Tom Cruise reveals his ‘brutal’ injury on Mission: Impossible - The Final Reckoning

Tom Cruise “almost broke [his] back” during the biplane action sequence in Mission: Impossible - The Final Reckoning.

BANG Premier

US presidents have always used transactional foreign policy – but Trump does it differently

The US president, Donald Trump, watched on recently as the leaders of Armenia and Azerbaijan shook hands in the White House. They had just signed what Trump called a “peace deal” to end nearly four decades of conflict.

The Conversation

US National Debt Hits Historic $37 Trillion, Surpassing Pre-Pandemic Projections—'Piling Up At A Rapid Rate,' Warn Economists

The U.S. national debt has reached an all-time high of $37 trillion, as reported by the Treasury Department. This staggering figure highlights the growing debt burden on the American economy and its taxpayers.

Benzinga

I Asked ChatGPT To Explain Why Inflation Is Killing My Wallet Like I’m 12

I asked ChatGPT to explain inflation like I'm 12. The result? Juice boxes, laughs and a surprisingly clear guide to how inflation really works.

GOBankingRates

Market liberalism is dead — we need a new NATO for trade

An 80-year economic illusion has ended and the comfortable post-Cold War interlude has given way to a more raw and Hobbesian environment.

Fortune

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The Conversation

Is western influence over Ukraine colonial meddling or a vital way to prevent corruption?

Ukraine’s former prime minister Yulia Tymoshenko recently called for an end to what she called the western “colonial model” of interference in Ukraine’s domestic politics.

The Guardian - US

Trump firing of statistics chief puts US data credibility at risk, experts warn

Erika McEntarfer’s exit could push US into category of countries found to have massaged economic data

Space

Space hurricanes are real — and they wreak more havoc than we thought

Space hurricanes can shake Earth's magnetic field and scramble satellites without a solar storm in sight.

International Business Times

Senegal PM Unveils Economic Recovery Plan Based On Domestic Resources

Senegal's prime minster unveiled an economic recovery plan for the highly indebted nation on Friday, focused on reviving its economy with a shift towards greater domestic funding.

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AAP

Rate cut looms as inflation result brings RBA 'comfort'

The Reserve Bank should have "all the comfort it needs" to cut interest rates again in August after underlying inflation fell to a three-and-a-half year low.

International Business Times

IMF Lifts 2025 Growth Forecast On 'Fragile' Easing In Trade Tensions

The IMF raised its global growth forecast Tuesday as efforts to circumvent Donald Trump's sweeping tariffs sparked a bigger-than-expected surge in trade, while the US president stepped back from some of his harshest threats.

The Independent UK

Britain set for minor boost as world economy growth forecast upgraded despite Trump tariffs

The IMF said the global economy would be more resilient than it expected in May

The Guardian - UK

IMF upgrades global growth forecast as Trump tariffs ease, but warns on risks

Despite reduced tensions and EU trade deal, US policies are ‘highly uncertain’, says Washington-based organisation

Evening Standard

Surging US imports and lower tariffs to lift global growth, IMF predicts

The International Monetary Fund said ‘front-loading’ had ‘shaped economic activity in the first half of the year’.

The Guardian - UK

Reeves should consider ending pension triple lock and charging for NHS treatment, says IMF

Chancellor is advised to give herself more leeway in the next budget before adjusting taxation or spending

Evening Standard

Chancellor faces fiscal risks and ‘significant challenges’ amid trade war – IMF

The IMF said the UK’s ‘limited’ so-called headroom on its public finances could see plans thrown off course.

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