The Latest Breaking News from International Monetary Fund

'Pretty severe': warnings for Australia ahead of budget

One of the world's leading economic bodies has warned a global recession could be on the way if the Middle East conflict is not resolved quickly.

AAP · Apr 14

Reeves arrives at IMF with little leeway to prove its UK downgrade wrong

Chancellor faced with fund’s forecast that impact of Iran war will leave Britain as G7’s biggest loser

The Guardian - UK · Apr 14

Stocks rise, oil falls, on fresh Middle East hope

The FTSE 100 closed up 26.10 points, 0.3%, at 10,609.06.

Evening Standard · Apr 14

UK economy faces hardest hit of G7 from Iran war says IMF as growth forecast cut

Chancellor Rachel Reeves said the war ‘will come at a cost to the UK’ following the IMF’s gloomy outlook.

The Independent UK · Apr 14

Rachel Reeves hits out at ‘folly’ of Trump’s Iran war amid IMF growth warnings

The IMF has said in its latest forecasts that the war would result in weaker than previously expected UK economic growth.

Evening Standard · Apr 14

Iran war escalation could trigger global recession, IMF warns

Growth forecasts cut for US and global economy, while UK suffers sharpest downgrade in G7

The Guardian - UK · Apr 14

How war in Iran could push the world into a global recession

IN FULL

The Independent UK · Apr 14

Newsom uses White House’s DoorDash stunt to point out Trump can be president - but likely can’t work for the app

Gavin Newsom’s press office team mocked Trump for the publicity stunt where DoorDash ‘grandma’ Sharon Simmons greeted him with two large bags of McDonald’s

The Independent UK · Apr 14

MTG forced to answer for previously comparing Trump to Jesus during awkward CNN interview

CNN anchor Kaitlan Collins played a clip of Majorie Taylor Greene likening Trump’s 2023 arrest to the prosecution of Jesus

The Independent UK · Apr 14

UK economic growth forecasts slashed as IMF says Iran war risks global recession

The IMF laid out its first set of forecasts since the global economy was rocked by the conflict between US-Israeli and Iranian forces.

Evening Standard · Apr 14