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The Latest Breaking News from International Monetary Fund

OPINION - Labour's calamitous first year has turned the country into a tinderbox

On the bright side, it’s not as bad as France, where the government may have to be bailed out by the IMF. There the tumbrils are rolling and the French Left is planning what looks like a general strike, with the fun slogan, “Bloquons tout” or ‘block everything’. Emmanuel Macron…

Evening Standard

‘Just hysteria’: UK faces a crisis but the IMF bailout talk is overblown

Despite sluggish growth and rising borrowing costs, most economists agree that Rachel Reeves doesn’t face a repeat of 1976

The Guardian - UK

UK retail stocks tumble as Deutsche Bank cuts ratings, French market drops on political fears - as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

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Global Growth Slows In 2025 As Inflation And Policy Uncertainty Weigh

IMF and OECD revise growth forecasts downward, warning that trade tensions and elevated inflation could dampen investment and global recovery.

International Business Times

7 best new movies to stream this weekend on Netflix, Hulu, Prime Video, and more (August 23-24)

Looking for what to watch this weekend? A new 'Mission: Impossible,' 'The Bad Guys 2,' ‘The Map That Leads to You,' and more movie night hits just landed on streaming.

Tom’s Guide

Tom Cruise reveals his ‘brutal’ injury on Mission: Impossible - The Final Reckoning

Tom Cruise “almost broke [his] back” during the biplane action sequence in Mission: Impossible - The Final Reckoning.

BANG Premier

US presidents have always used transactional foreign policy – but Trump does it differently

The US president, Donald Trump, watched on recently as the leaders of Armenia and Azerbaijan shook hands in the White House. They had just signed what Trump called a “peace deal” to end nearly four decades of conflict.

The Conversation

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US National Debt Hits Historic $37 Trillion, Surpassing Pre-Pandemic Projections—'Piling Up At A Rapid Rate,' Warn Economists

The U.S. national debt has reached an all-time high of $37 trillion, as reported by the Treasury Department. This staggering figure highlights the growing debt burden on the American economy and its taxpayers.

Benzinga

I Asked ChatGPT To Explain Why Inflation Is Killing My Wallet Like I’m 12

I asked ChatGPT to explain inflation like I'm 12. The result? Juice boxes, laughs and a surprisingly clear guide to how inflation really works.

GOBankingRates

Market liberalism is dead — we need a new NATO for trade

An 80-year economic illusion has ended and the comfortable post-Cold War interlude has given way to a more raw and Hobbesian environment.

Fortune

Is western influence over Ukraine colonial meddling or a vital way to prevent corruption?

Ukraine’s former prime minister Yulia Tymoshenko recently called for an end to what she called the western “colonial model” of interference in Ukraine’s domestic politics.

The Conversation

Trump firing of statistics chief puts US data credibility at risk, experts warn

Erika McEntarfer’s exit could push US into category of countries found to have massaged economic data

The Guardian - US

Space hurricanes are real — and they wreak more havoc than we thought

Space hurricanes can shake Earth's magnetic field and scramble satellites without a solar storm in sight.

Space

Senegal PM Unveils Economic Recovery Plan Based On Domestic Resources

Senegal's prime minster unveiled an economic recovery plan for the highly indebted nation on Friday, focused on reviving its economy with a shift towards greater domestic funding.

International Business Times

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news in one place.

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AAP

Rate cut looms as inflation result brings RBA 'comfort'

The Reserve Bank should have "all the comfort it needs" to cut interest rates again in August after underlying inflation fell to a three-and-a-half year low.

International Business Times

IMF Lifts 2025 Growth Forecast On 'Fragile' Easing In Trade Tensions

The IMF raised its global growth forecast Tuesday as efforts to circumvent Donald Trump's sweeping tariffs sparked a bigger-than-expected surge in trade, while the US president stepped back from some of his harshest threats.

The Independent UK

Britain set for minor boost as world economy growth forecast upgraded despite Trump tariffs

The IMF said the global economy would be more resilient than it expected in May

The Guardian - UK

IMF upgrades global growth forecast as Trump tariffs ease, but warns on risks

Despite reduced tensions and EU trade deal, US policies are ‘highly uncertain’, says Washington-based organisation

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news in one place.

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Evening Standard

Surging US imports and lower tariffs to lift global growth, IMF predicts

The International Monetary Fund said ‘front-loading’ had ‘shaped economic activity in the first half of the year’.

The Guardian - UK

Reeves should consider ending pension triple lock and charging for NHS treatment, says IMF

Chancellor is advised to give herself more leeway in the next budget before adjusting taxation or spending

Evening Standard

Chancellor faces fiscal risks and ‘significant challenges’ amid trade war – IMF

The IMF said the UK’s ‘limited’ so-called headroom on its public finances could see plans thrown off course.

The Independent UK

Reeves will have to ditch key party manifesto pledge, IMF warns

IN FULL

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

Al Jazeera

Russia-Ukraine war: List of key events, day 1,247

Here are the key events on day 1,247 of Russia’s war on Ukraine.

The Conversation

US and European economies depend heavily on immigrants – decades of data reveal just how much

As anti-immigration rhetoric surges across Europe and the United States, it is vital that we look beyond the fearmongering and analyse what is really going on. While human mobility is often presented as a burden, the truth is quite the opposite. It is an essential driver of economic growth, demographic…

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