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The Latest Breaking News from the International Monetary Fund

Is India Overtaking the US in Economic Influence? Elon Musk Thinks So

When Elon Musk commented “The balance of power is changing” on a chart comparing global economic growth, it triggered a sharp global reaction. The question many began asking was simple yet provocative: Is India now economically stronger than the United States? The short answer is nuanced. India has not overtaken…

Times Life

Africa poised to outgrow Asia for first time amid youth boom

Africa’s growth could outpace Asia’s for the first time in 2026, figures from the International Monetary Fund (IMF) suggest, as the continent’s population continues to rise fast.

Radio France Internationale

‘Impact of pollution on Indian economy far more consequential than impact of any tariffs’: Gita Gopinath

The impact of pollution on the Indian economy is “far more consequential than any impact of any tariffs that have been put on India so far,” said Gita Gopinath, former chief economist at the International Monetary Fund, at a discussion hosted by India Today's Kalli Purie at the World Economic…

Newslaundry

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Virginia Bell formally commences royal commission role – as it happened

This blog is now closed

The Guardian - AU

IMF warns of AI bubble risk to global growth outlook

Australia is projected to endure drawn-out, above-target inflation, global economic body the International Monetary Fund says.

AAP

Uzbekistan economy grows in 2025, driven by investment and exports

Uzbekistan’s GDP exceeded €133bn in 2025, supported by higher investment, rising exports, and growing domestic demand, while employment and household incomes continued to improve.

Euronews

Greek finance minister elected as Eurogroup president

Greek Finance Minister Kyriakos Pierrakakis has been elected as president of the Eurogroup — a move that would have been unthinkable just 10 years ago, when the country was in the throes of a deep financial crisis that almost saw it tossed out of the eurozone altogether

The Independent UK

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IMF urges China to address economic imbalances as trade surplus hits $1 trillion

The head of the International Monetary Fund has urged China to fix its economic imbalances, echoing longstanding calls for the world's second-largest economy to rely more on domestic spending and investment instead of exports

The Independent UK

IMF approves $1.2 billion for Pakistan from bailout, citing progress on economic and climate reforms

The International Monetary Fund says it has approved the release of $1.2 billion to Pakistan, giving the cash-strapped country a fresh boost as it works to recover from one of its worst economic crises in years

The Independent UK

When Local Currencies Decay, Stablecoins Become a Global Lifeline

The International Monetary Fund has documented that many emerging‑market currencies have weakened persistently as interest‑rate divergence and a strong U.S. dollar reshaped global capital flows.

International Business Times

Slash spending and reform taxes, IMF urges Australia

Australia should reintroduce a mining tax and limit spending growth in the NDIS and aged care, according to a leading global financial institution.

AAP

Nvidia becomes first company to pass $5 trillion market capitalisation

Nvidia's value is now greater than the GDP of India, Japan and the United Kingdom, according to the International Monetary Fund.

Euronews

What AI Bubble? For Cathie Wood, Palantir Is The Secret Weapon

Leading voices in finance—including the International Monetary Fund, Bank of England and business icons such as Sam Altman and Jamie Dimon—have warned that the current wave of AI enthusiasm could be a "bubble."

Benzinga

Syria Won't Wait For Global Community To Reform Economy: Finance Minister

Syria is in a hurry to rebuild its war-torn economy and will not wait for the international community to begin making those changes, the country's finance minister said Wednesday.

International Business Times

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The Guardian - UK

UK faces highest inflation in G7 this year and next, IMF warns

According to fund’s World Economic Outlook, Britain is on course to average 3.4% this year and 2.5% in 2026

International Business Times

IMF Raises 2025 Global Growth Forecast On 'Modest' US Trade Shock

The International Monetary Fund on Tuesday lifted its outlook for global growth this year, flagging a milder-than-expected economic hit from President Donald Trump's tariff policies while warning of risks ahead.

The Independent UK

IMF upgrades US growth outlook as Trump's tariffs cause less disruption than expected

The U.S. and global economies will grow a bit more this year than previously forecast as the Trump administration’s tariffs have so far proved less disruptive than expected, the International Monetary Fund said Tuesday, though the full impact of those policies is still emerging

The Independent UK

UK facing highest inflation in G7 in yet another pre-Budget blow for Reeves

IMF also trims growth forecast for 2026 in ‘grim’ news for chancellor weeks before Commons statement

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Fortune

IMF chief Kristalina Georgieva dismisses impact of Trump trade war: 'Trade is like water, you put in an obstacle, it goes around it'

Kristalina Georgieva, managing director of the International Monetary Fund, says fears that “trade is dead” are overblown.

The Independent UK

IMF chief warns of economic uncertainty and offers this advice: 'Buckle up'

The global economy may be holding up better than expected despite major shocks such as President Donald Trump’s tariffs, but the head of the International Monetary Fund says that resilience may not last

The Independent UK

QAnon shaman sues Trump for $40 trillion and targets Musk, T-Mobile and Warner Bros in rambling lawsuit

The QAnon Shaman withdrew his support for Trump after the president refused to release the Epstein files

Radio France Internationale

Pan-African protestors gather in Ghana to demand cancellation of Africa's debt

Hundreds of workers in Ghana have been protesting on the streets of the capital, demanding the cancellation of Africa's ballooning debt.

The Conversation

Senegal’s rating downgrade: credit agencies are punishing countries that don’t check their numbers

Senegal’s dramatic two-notch credit rating downgrade in February 2025 by the credit rating agency Moody’s was followed by a Standard & Poor’s downgrade in July.

Benzinga

Ex-IMF Economist Kenneth Rogoff Explains Why His Bitcoin Crash Call Fell Flat— Blames Everyone But Himself For Missing It, Says Anthony Pompliano

Kenneth Rogoff, former Chief Economist at the International Monetary Fund, on Tuesday evaluated his failed 2018 projection that Bitcoin (CRYPTO: BTC) would be worth $100 rather than $100,000 within a decade.

The Independent UK

Reeves will have to raise taxes, charge for the NHS or ditch pensions triple lock, warns IMF

The International Monetary Fund praised Rachel Reeves’s overall strategy but warned that her lack of fiscal headroom will leave her with hard choices

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