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The Latest Breaking News from International Monetary Fund

Mission: Impossible – The Final Reckoning review: "Wraps up this spy franchise in spectacular style with Tom Cruise in peak condition, even if its villain lacks terror"

Total Film

Could the euro replace the dollar as global reserve currency? It’s not getting any less likely

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,…

The Conversation

Mission relatable: forget the stunts, the key to Mission Impossible’s appeal is office dynamics

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

The Guardian - UK

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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.

Newslaundry

Tensions rise as IMF releases £750m loan to Pakistan despite escalating conflict with India

New funding to aid economic stability and climate resilience

The Independent UK

A New Survey Suggests Illicit Opioid Use Is Much More Common Than the Government's Numbers Indicate

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.

Reason

Why Trump fails to understand China’s trade war tactics, and what his negotiators should be reading

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.

The Conversation

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7 best new to Hulu movies with 90% or higher on Rotten Tomatoes

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

Tom’s Guide

Currency controls and debt in Argentina: the stakes are high if Milei’s latest economic gamble doesn’t pay off

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.

The Conversation

Is Trump destroying the dollar - and what does it mean for the euro?

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

Euronews

The Guardian view on Trump’s shock therapy: warehouse and transport workers are the first victims of a class war

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

The Guardian - UK

How tariffs and other uncertainties are weighing on Middle East economies

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.

Euronews

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

The Independent UK

The Guardian view on Argentina’s bailout: when Trump’s ally calls, the IMF obeys – at a cost

Editorial: The deal with Javier Milei shows how America-first dealmaking is bending global finance to serve authoritarian and extractive ends

The Guardian - UK

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Al Jazeera

Trump-Amazon spat: What happened and how much US consumers import online

The White House criticised Amazon after a report said it planned to inform customers how much tariffs will cost them.

The Conversation

Willis warns of a ‘tight’ budget to come, but NZ should be going for productivity, not austerity

Finance Minister Nicola Willis has warned her 2025 “Growth Budget” will be “one of the tightest budgets in a decade”, with plans to reduce spending by billions.

The Guardian - UK

African diplomats urge UK government to back bill to speed up debt restructurings

Countries are struggling to manage expensive loans, with much of debt transacted through London

Evening Standard

Trump's tariff wars 'are not working,' says France's chief banker highlighting US recession fears

Francois Villeroy de Galhau slammed the uncertainty the US president’s import levies have sparked in economies and markets around the world

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Pedestrian.tv

Share Your Fave Mission: Impossible Stunt & You May Win The Ultimate Adrenaline Adventure

One of the biggest movie franchises of all time is back.

TechRadar

5 new Hulu movies with over 91% on Rotten Tomatoes arriving in May 2025

In addition to the first Star Wars installment, these five new Hulu movies are taking the service by storm in May 2025.

The Independent UK

Trump claims trade negotiations are happening every day with China. No one in Beijing or Washington seems to know who is doing the talking

President says U.S. and China are talking, China denies it, and no one in the administration seems to know about it

Kiplinger

What Wall Street's CEOs Are Saying About Trump's Tariffs

We're in the thick of earnings season and corporate America has plenty to say about the Trump administration's trade policy.

The Guardian - UK

Despite Pope Francis’s wishes, there’s little appetite for richer nations to help the poorest

Trump’s tariffs will make it tougher for emerging economies to service loans but debt relief has fallen off the political agenda

The Fashion Central

Rachel Reeves Blasted for Dragging UK Into Trump Trade Chaos With Tax Raid

Chancellor Slammed for UK Economy Woes as IMF and Tories Say Stop Blaming Trump

International Business Times

EU, US Should De-escalate And Negotiate Trade Deal: IMF Europe Director

The United States and European Union need to "de-escalate" and "negotiate a deal" to help boost lackluster growth on the continent, the International Monetary Fund's Europe director said Friday.

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