The Latest Breaking News from International Monetary Fund

Why Elon Musk Says the World’s Economic Power Is Quietly Moving to India

When Elon Musk wrote four simple words, “The balance of power is changing,” he reflected a deep and measurable global transition. According to IMF projections for 2026, India is set to contribute a larger share to global economic growth than the United States. This shift is not sudden or symbolic.…

MyLifeXP · Feb 2

China's export-led growth is looking more and more unsustainable while a real estate crash and reeling consumers fuel deflationary spiral

"China’s growth model is becoming increasingly difficult to sustain."

Fortune · Feb 1

Africa poised to outgrow Asia for first time amid youth boom

Africa’s growth could outpace Asia’s for the first time in 2026, figures from the International Monetary Fund (IMF) suggest, as the continent’s population continues to rise fast.

Radio France Internationale · Feb 1

AI productivity gains are making the rich richer, and they'll wipe out jobs—but the IMF chief sees a silver lining for low-wage workers

Kristalina Georgieva sees an economic spillover effect brewing.

Fortune · Jan 24

An AI ‘tsunami’ is coming for young workers, IMF chief warns

Kristalina Georgieva is worried about Gen Z and the middle class: “This is moving so fast, and yet we don’t know how to make it safe [and] inclusive.”

Fortune · Jan 23

Young will suffer most when AI ‘tsunami’ hits jobs, says head of IMF

Kristalina Georgieva says research suggests 60% of jobs in advanced economies will be affected, with many entry-level roles wiped out

The Guardian - UK · Jan 23

The ‘rules-based order’ Davos craves has bigger problems than Trump: it represents a world that no longer exists

The global economic system doesn’t even benefit its US and European creators any more, says Guardian columnist Larry Elliott

The Guardian - UK · Jan 21

The IMF’s banal language is sane-washing an economic crisis created by the egomaniacal Donald Trump

Their latest report makes no mention of Greenland, Venezuela, or even Trump. This is just a pretence that normality continues

The Guardian - AU · Jan 21

Do You Have These Once-Valuable Work Skills That Are Rapidly Losing Pay Power as AI Takes Over?

From data entry to basic copywriting, five skill categories are seeing sharp drops in market demand as AI transforms the global workforce.

International Business Times UK · Jan 21

Virginia Bell formally commences royal commission role – as it happened

This blog is now closed

The Guardian - AU · Jan 19