The Latest Breaking News from International Monetary Fund

A global reserve currency is one that is extensively held by foreign Central Banks. Since the 1944 Bretton Woods agreement this position has been occupied by the US dollar and it still holds true – according to IMF data from late 2024, the dollar represented 54% of global official reserves,…

From put-upon backroom schlubs to everyone-knows romances, the franchise reflects modern work culture, especially the collective banter, says Phil Hoad

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.

New funding to aid economic stability and climate resilience

The survey estimates that 7.5 percent of America adults use illegally produced fentanyl each year, 25 times the rate indicated by a government-sponsored survey.

As US and Chinese representatives prepare to meet in Switzerland in an effort to ease their escalating trade war, a potential sign of Beijing’s approach has emerged in an opinion piece published in the state-owned journal Beijing Daily.

Our guide on the seven best movies recently added to Hulu that have 90% or higher on Rotten Tomatoes.

In April, Argentina’s president Javier Milei partially lifted the capital and currency controls that had been in place since 2011. The move was possible with the support of a US$20 billion (£15 billion) IMF bailout and means Argentinians may now buy unlimited dollars again.

Controversial policies from the Trump administration are pushing investors to flee US assets. But another currency will struggle to take the dollar’s throne.

Editorial: Behind the slogans and tariffs lies a calculated strategy – fuelled by elite interests, eroding labour rights and stoking global recession

Countries across the Middle East and North Africa face significant challenges to economic growth as the region faces economic uncertainty due to tariff measures, lower-than-recent oil prices and cuts to financial aid, the International Monetary Fund said on Wednesday.