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The Latest Breaking News from the International Monetary Fund

US Treasury Chief Says IMF, World Bank Must Be 'Fit For Purpose'

The International Monetary Fund and the World Bank "must be made fit for purpose again," US Treasury Secretary Scott Bessent said Wednesday, arguing the institutions should be promoting economic growth instead of social issues.

International Business Times

Could Trump be leading the world into recession?

Growth forecasts for the US and other advanced economies have been sharply downgraded by the International Monetary Fund (IMF) in the wake of dramatic swings in US president Donald Trump’s economic policy. But could the uncertainty and the turmoil in financial markets eventually be enough to push the world into…

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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Stocks Set to Extend Rally on Fed Reprieve and Trade Optimism, U.S. PMI Data and Earnings in Focus

June S&P 500 E-Mini futures (ESM25) are up +2.01%, and June Nasdaq 100 E-Mini futures (NQM25) are up +2.51% this morning, extending yesterday’s rally as sentiment got a boost after the Trump administration’s move to alleviate some of the tensions unsettling investors.

Barchart

Trump live updates: Just 37% of Americans approve of president’s handling of economy, poll shows

The majority of Americans now fear a recession, even as Donald Trump conceded ultra-high tariffs on China would fall but would not hit zero

The Independent UK

Energy crisis looms large as Macron makes rare visit to Madagascar

French President Emmanuel Macron heads to Madagascar on Wednesday, where power cuts, stalled dam projects and a troubled state energy firm are set to dominate the first visit by a French head of state in nearly 20 years.

Radio France Internationale

IMF warns Trump tariffs are fuelling uncertain global economic outlook

Economists recently echoed concerns of global financial uncertainty and say a recession is more likely.

Al Jazeera

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Trump uncertainty set to smash Australian economy

Australia is not following the "bouncing ball" of Donald Trump's daily shifts, the treasurer says, amid predictions of a bigger-than-expected economic hit.

AAP

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

IMF slashes global growth forecast to 2.8% this year due to Trump trade war – as it happened

Growth forecasts for most advanced countries have been cut, as IMF warns that trade tensions will hurt economic activity

The Guardian - UK

Countries Must 'Make The Best' Of New Multipolar World: IMF Chief

Countries have no choice but to "make the best" of the fragmentation of the global economy by boosting ties with regional and like-minded countries, the head of the International Monetary Fund said in an interview Thursday.

International Business Times

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

Argentina says it will lift the country's strict currency controls with the help from the IMF

Argentine President Javier Milei’s economy minister says the libertarian government would lift the country’s strict capital and currency controls in a few days, a high-stakes gamble made possible by a new loan from the International Monetary Fund

The Independent UK

The International Monetary Fund reaches preliminary deal with Argentina on $20 billion bailout

The International Monetary Fund says it's reached a preliminary, staff-level agreement with cash-strapped Argentina on a $20 billion bailout package, providing a welcome reprieve to libertarian President Javier Milei as he seeks to overturn the country’s old economic order

The Independent UK

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Al Jazeera

Is Lebanon’s new central bank governor ‘another Riad Salameh’?

Lebanon has a new central bank governor. But critics say he’s too close to traditional powers who created the crisis.

International Business Times

Argentina Seeking $20 Billion IMF Loan

Argentina has sought a $20 billion loan from the International Monetary Fund, the country's economy minister said Thursday, as the government struggles to hold on to foreign reserves while propping up an ailing currency.

Radio France Internationale

IMF chief outlines plan to resume grants to Senegal

A top boss at the International Monetary Fund (IMF) says his organisation hopes to finalise a new aid programme for Senegal as soon as possible after suspending its $1.8 billion credit line in October following revelations of distorted figures and fiscal mismanagement.

Evening Standard

Fact check: Minister’s growth claim, NHS appointments and the size of the Army

Round-up of fact checks from the last week compiled by Full Fact.

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Al Jazeera

Lebanon’s new government wins confidence vote in parliament

Nawaf Salam’s government wins the backing of 95 lawmakers in the 128-seat parliament.

International Business Times

IMF Chief Tells Europe To Take Page Out Of US Book

With the European economy lagging behind the United States, the head of the International Monetary Fund had a piece advice for the continent on Friday: "Believe in yourself."

The Conversation

Eurobonds issued by African countries are popular with investors: why this isn’t good news

Eurobonds are debt instruments issued by a country in a currency different from its own. Eurobonds have risen to prominence in Africa because they have opened a window for governments to diversify their funding sources from traditional concessionary loans offered by the International Monetary Fund (IMF) and foreign aid, both…

The Guardian - AU

Ukraine war briefing: IMF approves $1.1bn loan to Ukraine

Loan approval by the International Monetary Fund will bolster Ukraine as it faces continued Russian attacks. What we know on day 1,032

Latin Times

El Salvador Plans To Sell Or Shut Its Crypto Wallet

The announcement came after the Central American nation's government reached a $1.4 billion loan deal with the International Monetary Fund that addressed its controversial embrace of bitcoin.

The Guardian - UK

Economic hardship looms over Ghana as country readies for polls

Election is being contested between vice-president Mahamudu Bawumia and former president John Mahama, under whom corruption ballooned

Evening Standard

Should we fear the rise of robots? What the future of life and work will look like with AI

Four in 10 jobs could be affected by the power of generative AI, according to research by the International Monetary Fund. But what will our lives look like in the years to come? Chris Stokel-Walker investigates

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