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The Latest Breaking News from International Monetary Fund

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

The Independent UK

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.

Al Jazeera

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…

The Conversation

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Australian employers view their older workforce with contempt. They need to understand 70s are the new 50s

A survey by the Australian HR Institute and the Australian Human Rights Commission found that nearly one-quarter of employers classify over-50s as ‘old’

The Guardian - AU

Bangladesh sees small glimmers of economic hope a year after longtime autocrat ousted in people’s revolt

By the time a student-led protest movement erupted into a full-scale revolution in Bangladesh in July 2024, the country’s economy was already in free fall.

The Conversation

Nayib Bukele Faces Investigation Over Alleged Abuse Of Venezuelan Detainees — El Salvador President Says 'Now They Shout and Get Indignant'

Venezuela initiated an inquiry on Monday into El Salvador’s President Nayib Bukele and two other officials on charges of alleged abuse of detained Venezuelans.

Benzinga

Is El Salvador Faking Its Bitcoin Growth? IMF Footnote Sparks New Doubts

A new report from the International Monetary Fund (IMF) suggests that El Salvador's recent increase in Bitcoin (CRYPTO: BTC) reserves stems from internal asset consolidation, not new purchases, as previously claimed by government officials.

Benzinga

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I've Been Rewatching The Mission: Impossible Movies On Netflix, And I Totally Forgot These 10 Actors Appeared Early In The Franchise

Going back through Ethan Hunt's past missions has been a blast.

Cinemablend

Over €10 billion has now been pledged for Ukraine’s recovery. It’s nowhere near enough

Clearly angered by the intensification of Russia’s air campaign against Ukraine, Donald Trump has pivoted from the suspension of US military assistance to Ukraine to promising its resumption. Russia’s strikes on major cities killed more civilians in June than have died in any single previous month, according to UN figures.

The Conversation

Markets can't be bullied, and the US could face a financial crisis ahead of next year's midterm elections, former IMF official says

"The days of the world letting America live beyond its means are rapidly coming to an end."

Fortune

Welcome to post-growth Europe – can anyone accept this new political reality?

Across much of Europe, the engines of economic growth are sputtering. In its latest global outlook, the International Monetary Fund (IMF) sharply downgraded its forecasts for the UK and Europe, warning that the continent faces persistent economic bumps in the road.

The Conversation

7 new Netflix movies with over 90% on Rotten Tomatoes in July 2025

A bucketload of new movies are dropping on Netflix in July 2025, but you need to binge these seven with over 90% on Rotten Tomatoes first.

TechRadar

Somalia has relied on aid for decades – can it survive without it?

Somalia is struggling with hunger, security and the impact of the climate crisis, despite decades of aid money worth billions of dollars, writes Nick Ferris. As aid money gets cut, is this the time for countries to wean themselves off aid dependency – and can they do it?

The Independent UK

Spain overtakes Japan in GDP per capita - what is behind the numbers?

Spain’s economy is thriving, driven by a global boost in services, mainly tourism, overtaking the sluggish performance of the Japanese economy in the last decade.

Euronews

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Tom’s Guide

5 best spy thriller movies to stream on Netflix

Our guide on the five best spy thriller movies to add to your Netflix watchlist now.

Benzinga

Dollar Supremacy Under Threat Despite A Slowing China? 'Absolutely,' Says This Economist — Beijing Is The Largest Trading Partner For Half The World And They've 'Arrived'

Despite the economic downturn in China, former IMF Chief Economist Kenneth Rogoff believes the country's push to undermine the U.S. dollar's global dominance remains firmly on track.

International Business Times

IMF Urges Swiss To Strengthen Bank Resilience

The International Monetary Fund on Tuesday urged Switzerland to strengthen the resilience of its banks and address the flaws exposed by the collapse of Credit Suisse.

The Guardian - UK

The global south needs more than tinkering at a conference: debt forgiveness is the only fair way

Next week, a UN summit in Seville will discuss the future of financing the world’s poorer nations. It should first concede that the old methods have failed

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The Guardian - UK

Kenya: two protesters die from gunshot wounds and several injured during protests – as it happened

Casualties arrive at Kenyatta national hospital, Nairobi, as government orders broadcasters to stop coverage; legal challenge raised against police barricading of streets

Benzinga

Ken Rogoff Warns AI's Hunger For Power Could Send Interest Rates Soaring: 'You're Going To See Even More Spending, Not Less'

Artificial general intelligence may not lead to the deflationary future some investors expect, according to Harvard professor and former IMF Chief Economist Ken Rogoff.

The Guardian - UK

US strikes on Iran could damage global growth, says IMF chief

Oil prices could rise if Iran goes ahead with threat to shut down shipping in the strait of Hormuz

The Guardian - UK

Goldman Sachs warns Brent crude could hit $100 per barrel if strait of Hormuz is disrupted; oil dips as Trump demands lower prices – as it happened

Rolling coverage of the latest economic and financial news

Total Film

Mission: Impossible - The Final Reckoning's big death is finally explained by director Christopher McQuarrie: "It was one he wanted to do, and one he was most moved by"

"The movie had no teeth without it, without some loss."

International Business Times

World Bank And IMF Climate Snub 'Worrying': COP29 Presidency

The hosts of the most recent UN climate talks are worried international lenders are retreating from their commitments to help boost funding for developing countries' response to global warming.

Euronews

IMF chief: European lifestyle is at risk if productivity isn’t boosted

Progress on the single market needs to be a priority for the European Union, Kristalina Georgieva told Euronews.

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