‘All roads’ from Iran war lead to higher prices and slower growth, warns IMF The international financial institution said it was stepping up support, especially to the most vulnerable economies. Evening Standard · Mar 30
IMF reaches staff-level agreement to unlock $1.2bn for Pakistan IMF urges Islamabad's policymakers to keep monetary policy tight amid war in Iran The Independent UK · Mar 28
Trump’s war in Iran exposes US’s shift from a global guardian to an arbiter of chaos The US is recklessly spreading economic havoc among global friends and foes while suffering little harm itself The Guardian - US · Mar 25
Iran, the $39 trillion national debt and dedollarization: How Trump exposed America's Achilles Heel in Hormuz With the national debt at $39 trillion and dollar dominance already at a 30-year low, the petrodollar system is more visible—and threatened—than ever. Fortune · Mar 24
Ukraine war briefing: EU president von der Leyen vows to pay loan to Kyiv despite block by Hungary 90bn euro loan has been held up by resistance from Hungarian prime minister Viktor Orbán; US and Ukrainian negotiators to meet on Saturday. The Guardian - AU · Mar 20
Climate finance has failed Africa twice over – how to fix it The effects of climate change are no longer a future risk for Africa. They are a present crisis. The Conversation · Mar 16
Senegal’s crisis: why debt restructuring may be the least bad option Senegal is facing a serious debt crisis. The IMF estimated the country’s debt at 132% of GDP at the end of 2024. Debt servicing costs are projected at 5.5 trillion CFA francs (about $9.1 billion) this year, eating up a growing share of tax revenue. The Conversation · Mar 16
Labor must stop juicing house prices and make buying a home the Australian dream – not negatively gearing one The rumours of action on the capital gains tax discount and negative gearing are louder than before any budget this century. But is the PM up to the task? The Guardian - AU · Mar 11
Iran war shocks continue to ripple through the global economy The Iran war is driving up energy and fertiliser prices, threatening food shortages in poor countries, destabilising fragile states and complicating inflation control at central banks worldwide. Euronews · Mar 10
Stock Market Rout and Parliament Protests as US‑Iran Conflict Hits India The escalating crisis in West Asia, triggered by the US-Israel attack on Iran and Iran’s subsequent retaliation, sent shockwaves through Indian stock markets and Parliament on Monday, March 9. Whats Hot · Mar 9
Economist Eswar Prasad warns a ‘motley group’ of middle powers can’t stop the ‘doom loop’ threatening the global economy Prasad, author of “The Doom Loop,” worries that the forces behind globalization are fueling instability—and that global business is making things worse. Fortune · Mar 6
Before countries can reap AI’s benefits, they’ll have to figure out how to pay for its deployment Countries might have to choose between taking on more short-term risk or missing out on future AI-driven growth. Fortune · Feb 27
Ukraine war briefing: IMF approves $8.1bn loan for Kyiv Fund says loan will resolve Ukrainian balance of payments problem while boosting reconstruction and growth prospects. What we know on day 1,465 The Guardian - AU · Feb 27
Trump claims America is ‘winning so much.’ The IMF agrees, adding that Trump’s trade policies are the only thing holding it back from even more The best time to chip away at the national debt and balance the budget is now, when the economy is strong, says the IMF. Trump’s trade tariffs are making that difficult. Fortune · Feb 26
Euronews · Feb 26 Poland beats Spain on income as Tusk claims ‘European elite’ status Poland's per capita income calculated in purchasing power parity (PPP) has overtaken Spain as it edges closer to UK levels.
The Independent UK · Feb 26 IMF says it is releasing $2.3 billion to Egypt after reforms help to stabilize the economy The IMF is letting Egypt tap about $2.3 billion more from its loan program after it says reforms are steadying the economy
The Times of India · Feb 24 4 years on, Russia's Ukraine 'blitz' drags on: How the conflict redefined warfare, shattered Europe On 24 February 2022, Russian forces crossed into Ukraine on the orders of President Vladimir Putin. What was expected by many to be a swift military operation has become one of the longest and most consequential wars of the 21st century.
The Times of India · Feb 22 'Trade deficits distinct from BOP deficits': Gita Gopinath backs Neal Katyal on Trump’s 15% tariff move Former IMF chief economist Gita Gopinath has backed Indian-American lawyer Neal Katyal in questioning US President Donald Trump’s decision to impose a 15 per cent global tariff.
The Times of India · Feb 21 Pakistan poverty explodes, inequality at 27-year high as economic crisis deepens Pakistan's poverty has surged to an 11-year high of 29%, with 70 million people now in extreme poverty. Income inequality has also reached a 27-year peak of 32.7. These increases are attributed to IMF stabilization policies, natural disasters, and weak growth, leading to a 12% fall in real household income…
Fortune · Feb 19 A headache is already brewing for Kevin Warsh at the Fed, as minutes show some members don’t just resist a cut, but are open to a hike “While Warsh may enter with a perceived dovish bias, he will first need to demonstrate that his views are anchored in economic fundamentals rather than politics.”
Euronews · Feb 17 Uzbekistan’s reserves climb to $75bn, gold dominates at 85% Foreign reserves are well above IMF adequacy benchmarks, enough for 17 months of imports and four times short-term external debt. Authorities are keeping a gold-heavy mix while slowly adding US Treasuries and foreign deposits.
Euronews · Feb 16 Analysis: Will Big Tech's colossal AI spending crush Europe's data sovereignty? Big Tech companies are going all in on AI development, raising their projected capital expenditure to over $700bn (€590bn) this year, an increase of roughly 75% compared to 2025.
AAP · Feb 15 One tax still off the table as treasurer weighs reform The International Monetary Fund report is calling for a hike in the GST and other tax changes, while praising the handling of Australia's economy.
The Guardian - UK · Feb 6 The Russian economy is finally stagnating. What does it mean for the war – and for Putin? A wartime boom in Russia has given way to sluggish growth, tax hikes and squeezed public services. Will it affect the conflict in Ukraine?
Times Life · Feb 5 Is India Overtaking the US in Economic Influence? Elon Musk Thinks So When Elon Musk commented “The balance of power is changing” on a chart comparing global economic growth, it triggered a sharp global reaction. The question many began asking was simple yet provocative: Is India now economically stronger than the United States? The short answer is nuanced. India has not overtaken…