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The Latest Breaking News from International Monetary Fund

IMF slashes global growth forecast to 2.8% this year due to Trump trade war – as it happened

Growth forecasts for most advanced countries have been cut, as IMF warns that trade tensions will hurt economic activity

The Guardian - UK

Ray Dalio fears ‘something worse than a recession.’ If anything his fears are understated

The world faces a host of economic and political perils—and the key to resolving them is missing.

Fortune

Reeves to make case for free global trade at Washington IMF talks

Officials say UK faces a ‘new economic reality’, but chancellor will not strike US deal at any cost

The Guardian - UK

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83 People Share Recession Indicators That Range From Funny To Cry Worthy

"Everyone becoming a DJ should've been our first recession indicator!"

Bored Panda

This Morning Viewers Slam 'Car Crash' Segment in Flood of Complaints

Thursday’s This Morning got off to a messy start as viewers were left cringing over a chaotic cooking segment featuring chef Rosemary Shrager.

The Fashion Central

Another crisis, another IMF summit: but unlike 2008, the delegates are disunited

Where once the world came together to fight the credit crunch, Trump’s tariffs will set a more divisive test

The Guardian - UK

IMF sparks fury after urging pensioners to work into their 70s

Baby boomers hoping to kick back and enjoy their retirement might need to think again.

The Fashion Central

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Starmer urges free trade in first call with Trump after UK hit by sweeping US tariffs

It comes as Rachel Reeves is due to hold talks with the White House next week amid efforts to strike a trade deal

The Independent UK

Reeves to make case for trade deal in first meeting with US treasury secretary

Chancellor will push for deal that protects British car, steel and pharmaceutical industries amid tariff uncertainty

The Guardian - UK

Panama City Rises To The El Salvador Challenge: An Emerging Bitcoin, Ethereum Hub

Panama City has greenlighted the use of crypto for city payments, including taxes and permits, marking a major milestone in the global race toward cryptocurrency adoption.

International Business Times

US tariffs will not spark global recession but will weaken economy, IMF says

Surging US tariffs will weaken the global economy and push up inflation this year, according to the International Monetary Fund.

Euronews

Baby boomers urged to stay in work as ‘70 is the new 50’

The IMF found that people in their 70s in 2022 had the same cognitive and physical function as people in their 50s in 2000

The Independent UK

Countries Must 'Make The Best' Of New Multipolar World: IMF Chief

Countries have no choice but to "make the best" of the fragmentation of the global economy by boosting ties with regional and like-minded countries, the head of the International Monetary Fund said in an interview Thursday.

International Business Times

World Economy Should Avoid Recession Despite Tariffs, IMF Chief Says

The global economy is likely to avoid a recession despite the hit to growth from US President Donald Trump's tariff rollout, the head of the International Monetary Fund said Thursday.

International Business Times

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International Business Times

Global Uncertainty Will 'Certainly' Hit Growth: World Bank President

The uncertainty kicked up by Donald Trump's stop-start tariff rollout will undoubtedly hit growth, the president of the World Bank said Wednesday, ahead of next week's semi-annual meeting of global financial leaders in Washington.

The Independent UK

What does it mean that Milei ended Argentina's strict controls on currency and capital?

President Javier Milei promised Argentinians that an economic revival would follow the pain of harsh austerity

International Business Times

Malawi's Debt Crisis Deepens As Aid Cuts Hurt

Behind a dimly lit bar in Malawi's capital, Ben Manda rubbed his tired eyes and poured a customer a drink.

International Business Times

Argentine Peso Depreciates After Exchange Controls Lifted

Argentina's currency dropped 8.4 percent against the US dollar as markets opened in Buenos Aires Monday, after the partial lifting of exchange controls in place for six years.

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International Business Times

Argentina Receives $42 Bn From International Financial Institutions

Three international financial institutions announced $42 billion in fresh support for financially troubled Argentina on Friday, as its president said his country's economy will grow "like never before."

The Independent UK

Argentina says it will lift the country's strict currency controls with the help from the IMF

Argentine President Javier Milei’s economy minister says the libertarian government would lift the country’s strict capital and currency controls in a few days, a high-stakes gamble made possible by a new loan from the International Monetary Fund

The Guardian - UK

Zimbabwe starts compensating white farmers 25 years after land seizures

Step is requirement for restructuring country’s debt, including new IMF programme

International Business Times

Argentina Braves 24-hour Strike As It Awaits Word On IMF Loan

Trains and planes were grounded in Argentina Thursday as a 24-hour general strike against President Javier Milei's austerity measures paralyzed some services, even as the country awaits news on a fresh IMF loan.

The Independent UK

Starmer urged to accelerate global trade deals after Trump tariff chaos

Exclusive: The UK is warned it cannot isolate itself from the effects of a trade war between the US and China after Donald Trump’s U-turn on tariffs

Latin Times

Argentina Braces For 24-hour Strike As It Awaits News On IMF Loan

A peaceful demonstration in the capital Buenos Aires preceded Thursday's walkout -- the third general strike in budget-slashing Milei's 16-month-old presidency, and called by unions to protest his brand of "chainsaw" austerity.

The Independent UK

Gordon Brown calls for an ‘economic coalition of the willing’ to counter Trump tariffs

The former prime minister urged Britain to go further in removing post-Brexit trade barriers with the EU

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