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The Latest Breaking News from International Monetary Fund

'Buy Bitcoin' Trends On X As El Salvador's Strategic Reserve Hits 6,000 $BTC

X is teeming with "Buy Bitcoin" posts as $BTC struggles to break above $95,000 following a $99,000 surge last week – will new holders take the advice of veteran holders to buy the dip?

International Business Times

Ghana’s president faces tough start as economic crisis drives people to leave

Ghana's president-elect John Mahama, due to be inaugurated on 7 January, will have his work cut out, as the country suffers its worst economic crisis in a generation and a study finds more than 60 percent of Ghanaians want to emigrate.

Radio France Internationale

Manmohan Singh obituary

Prime minister of India who brought in economic reforms and forged a new relationship with the US

The Guardian - UK

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IMF, Egypt reach deal to unlock $1.2bn to shore up strained public finances

Washington-based lender says Cairo agreed to raise tax-to-revenue ratio and accelerate divestment of state-owned firms.

Al Jazeera

Still $BTC Country: 'Headlines About The IMF Are Wrong,' Says El Salvador Bitcoin Office Director

El Salvador had to concede to some of the IMF's conditions to reach an agreement with the UN financial agency for a massive loan that could help boost its ailing economy, but it clarified Sunday that it will not give up on its Bitcoin strategic reserve.

International Business Times

Governments and banks once mocked Bitcoin. Now they want in on it

After topping $100,000, Bitcoin supporters see the cryptocurrency soaring even higher.

Al Jazeera

Ukraine war briefing: IMF approves $1.1bn loan to Ukraine

Loan approval by the International Monetary Fund will bolster Ukraine as it faces continued Russian attacks. What we know on day 1,032

The Guardian - AU

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Argentina's Dollar Craze Cools Under Greenback-loving Milei

"Dollars, selling dollars!" "The amnesty dollars aren't yours (don't belong to the state) and you have to pay back the IMF dollars," he said.

International Business Times

Ex-IMF Chief Rato Gets Four-year Jail Term In Spain For Tax Crimes

A Madrid court sentenced ex-IMF chief and Spanish economy minister Rodrigo Rato to more than four years in prison for tax crimes, money laundering and corruption, it said Friday.

International Business Times

IMF Pressures El Salvador To Stop Pushing Bitcoin

In exchange, the government is getting a $1.4 billion loan.

Reason

Bitcoin Country No More? El Salvador Bends To Secure IMF Loan

El Salvador has reached an agreement with IMF staff to secure a $3.5 billion funding package, but not without consequences that could hit Nayib Bukele's grandiose vision of a "Bitcoin country."

International Business Times

IMF Offers a Glimpse at the Perils of Central Bank Digital Currencies

Government-controlled digital money could mean the end of financial privacy and independence.

Reason

Argentina’s soaring poverty levels don’t seem to be hurting president Javier Milei – but the honeymoon could be over

Argentina, a nation once ranked among the wealthiest in the world, has found itself grappling with severe economic challenges over the past 25 years. Then, one year ago, provocative libertarian economist Javier Milei was inaugurated as its new president.

The Conversation

Ghanaians give ex-president Mahama a chance to eclipse his shaky legacy

Honeymoon period will be short as John Mahama tries to fix economy, seen as a huge factor in election

The Guardian - UK

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news in one place.

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The Independent UK

One year on: How Javier Milei’s shock measures are reshaping Argentina’s economy

The radical populist hopes to profit from his bromances with Donald Trump and Elon Musk

International Business Times

Ghana Opposition Leader Mahama Officially Wins Election

Ghana's opposition leader John Mahama officially won the country's election on Monday, easily defeating the ruling party candidate after voters punished the government's economic management and high living costs.

Benzinga

El Salvador Relaxes Bitcoin Rules To Seal $1.3 Billion Loan

El Salvador close to $1.3B loan deal with IMF, contingent on changes to Bitcoin policy and fiscal deficit reduction. President Bukele focuses on economic revival and foreign investment.

Al Jazeera

Ghana elections: Who is running and what’s at stake?

The country’s historically disadvantaged north is set to decide the tight race for the first time.

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news in one place.

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Radio France Internationale

Ghana voters carry economic pain to the polls

Eighteen million people in Ghana will choose their next president and 275 parliamentarians on Saturday amid the country's worst economic crisis in decades.

The Conversation

Ghana heads to the polls: why the economy is the biggest issue for many voters

The outcome and aftermath of Ghana’s 2024 elections will be a key test whether the West African nation can find a balance between the dual objectives of living within its means and achieving economic growth that creates sustainable jobs for its teeming youth.

Benzinga

Poland's GDP Set for Growth in 2025 as EU's Fastest Economy

Poland’s GDP is set to expand further in 2025, cementing its position as the European Union’s (EU) fastest-growing economy.

The Guardian - UK

Economic hardship looms over Ghana as country readies for polls

Election is being contested between vice-president Mahamudu Bawumia and former president John Mahama, under whom corruption ballooned

Radio France Internationale

Ghana gets ready for key elections as over 18 million voters face economic challenges

As Ghana prepares for its presidential election on 7 December, over 18 million registered voters are poised to make their voices heard amid significant economic challenges. Citizens from all 16 regions of the West African nation wide range of views to RFI on the pressing issues that will shape their…

International Business Times

Trump Vows To Defend US Dollar Hegemony, But Is It Under Threat?

President-elect Donald Trump has threatened retaliation against governments that challenge the US dollar, vowing "100 percent tariffs" on countries that undercut the US currency.

International Business Times

El Salvador And Bhutan – How Two Small Nations Led The National Bitcoin Reserve Race

El Salvador and Bhutan are making headlines in recent months as their Bitcoin strategies have paid off significantly with $BTC's price surge since the 2024 U.S. elections – what brought these two small countries to the spotlight?

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