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The Latest Breaking News from the International Monetary Fund

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

The Independent UK

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.

Fortune

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

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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

The Independent UK

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.

Radio France Internationale

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.

The Conversation

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.

Benzinga

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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

The Independent UK

Is El Salvador Faking Its Bitcoin Growth? IMF Footnote Sparks New Doubts

A new report from the International Monetary Fund (IMF) suggests that El Salvador's recent increase in Bitcoin (CRYPTO: BTC) reserves stems from internal asset consolidation, not new purchases, as previously claimed by government officials.

Benzinga

Welcome to post-growth Europe – can anyone accept this new political reality?

Across much of Europe, the engines of economic growth are sputtering. In its latest global outlook, the International Monetary Fund (IMF) sharply downgraded its forecasts for the UK and Europe, warning that the continent faces persistent economic bumps in the road.

The Conversation

IMF Urges Swiss To Strengthen Bank Resilience

The International Monetary Fund on Tuesday urged Switzerland to strengthen the resilience of its banks and address the flaws exposed by the collapse of Credit Suisse.

International Business Times

Ghana and Zambia have snubbed Africa’s leading development bank: why they should change course

The governments of Ghana and Zambia recently took a decision that could have serious consequences for other African countries. The decision relates to arrangements on how the two countries will repay the debt they owe to Africa Export-Import Bank (Afreximbank).

The Conversation

Syria's post-war economic recovery will require 'substantial' international support, IMF says

The International Monetary Fund had said it visited Syria for the first time since 2009 as the country scrambles to rebuild after over a decade of conflict

The Independent UK

The fourth-largest economy hype: What the media didn’t tell you

The International Monetary Fund recently stated that India is set to surpass Japan to become the fourth-largest economy in the world in 2025. While the projection masked the underlying realities of the average Indian, it was enough for the mainstream Indian media to rush to celebrate.

Newslaundry

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International Business Times

India Asks IMF To Reconsider Pakistan Programme Over 'Terror Funding'

Indian Defence Minister Rajnath Singh said Friday the International Monetary Fund (IMF) should reconsider a one billion dollar loan to Pakistan, alleging Islamabad was "funding terror".

Newslaundry

IMF approves $1 bn to Pakistan, but why didn’t India vote no?

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.

The Independent UK

Tariffs, oil prices and other uncertainties weighing down Mideast economies, IMF says

The International Monetary Fund says that 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

International Business Times

S. Korea's Economy Shrinks In First Quarter As Trade War Hits Exports

South Korea's economy unexpectedly contracted 0.1 percent in the first three months of this year, the country's central bank said Thursday, as the Asian export giant reels from months of political chaos and heightened trade tensions.

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The Conversation

From Doing Business to B-READY: World Bank’s new rankings represent a rebrand, not a revamp

In 2021, the World Bank shut down one of its flagship projects: the Doing Business index, a global ranking system that measured how easy it was to start and run a business in 190 countries.

International Business Times

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.

The Conversation

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…

International Business Times

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.

Barchart

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.

The Independent UK

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

Radio France Internationale

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.

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