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The Latest Breaking News from International Monetary Fund

Pakistan says the IMF has approved a $7 billion loan

Pakistani officials say the executive board of the International Fund has approved a new $7 billion loan for the country

The Independent UK

Strategies To Mitigate The Impact Of Inflation

According to the International Monetary Fund (IMF), inflation is decreasing more quickly than anticipated. Global inflation is projected to drop to 5.8% in 2024 and 4.4% in 2025.

International Business Times

Sri Lankans throw out old guard in election upset: What nation’s new Marxist-leaning leader means for economy, IMF loans

Sri Lankans voted for a new direction in leadership on Sept. 22, 2024, electing a leftist anti-poverty campaigner as president of the South Asian nation.

The Conversation

From analysis to the latest developments in health,
read the most diverse news in one place.

Marxist-leaning Dissanayake wins Sri Lanka’s election: What’s next?

From an IMF deal he wants to renegotiate to parliamentary elections, president-elect faces key challenges.

Al Jazeera

EXCLUSIVE: Bitpace CEO Talks About The State Of Global Crypto Regulation

Regulatory clarity remains a pain point for the crypto industry, more than a decade after the first cryptocurrency emerged – how is the global regulatory landscape catching up to a fast-evolving industry?

International Business Times

Marxist-Leaning Anura Kumara Dissanayake Elected Sri Lanka's President

Anura Kumara Dissanayake elected as Sri Lanka's new president, promising change and facing economic challenges ahead.

Top News

Marxist Anura Kumara Dissanayake Leads In Sri Lanka Election

Sri Lanka's presidential election sees Anura Kumara Dissanayake leading but short of majority, crucial for economic recovery.

Top News

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Marxist Leader Set To Become Sri Lanka's Next President

A previously fringe Marxist politician was on course Sunday to become Sri Lanka's next leader after a presidential vote coloured by discontent over the island nation's response to an unprecedented financial crisis.

International Business Times

Sri Lanka Presidential Election: Economic Recovery At Stake

Learn about Sri Lanka's presidential election focusing on economic recovery, debt restructuring, and leadership amid crisis.

Top News

Polls close in Sri Lanka's first election since economic collapse

Sri Lankans voted on Saturday in the country's first presidential election since its economic collapse, with the unpopular IMF austerity plan at the forefront of voters' minds. President Ranil Wickremesinghe faces tough opposition as his economic reforms, though stabilising the nation, have caused widespread hardship, fuelling support for candidates advocating…

France 24

Sri Lanka election 2024: Who could be the next president, what’s at stake?

Economic issues top the agenda as the island country of 22 million goes to the polls to elect its 10th president.

Al Jazeera

As Sri Lanka votes, a $2.9bn IMF loan looms large

Ranil Wickremesinghe, Anura Kumara Dissanayake and Sajith Premadasa are contesting an election focused on the economy.

Al Jazeera

‘The hardship is still there’: Sri Lanka prepares to vote as hopes of revolution falter

Saturday’s election will be the first since a people’s movement toppled the president. But other problems have proved harder to shift

The Guardian - UK

Russia-Ukraine war: US imposes new sanctions on Russia and North Korea – as it happened

Concerns over deepening military cooperation between Russia and North Korea over war in Ukraine

The Guardian - UK

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International Business Times

Sri Lanka To Vote In First Poll Since Economic Collapse

Cash-strapped Sri Lanka will vote for its next president Saturday in an effective referendum on an unpopular International Monetary Fund austerity plan enacted after the island nation's unprecedented financial crisis.

The Guardian - AU

Ukraine war briefing: Trump says he will ‘probably’ meet Zelenskiy in US next week

Ukrainian leader has said he wants to present a peace plan to President Biden, and presidential candidates Trump and Harris. What we know on day 939

The Guardian - UK

IMF postpones Russia visit after heavy criticism across Europe

Trip to Moscow to review economy delayed indefinitely after protests it would ‘normalise relations with aggressor’

The Conversation

Kenya could run out of money to repay massive debts: how to avoid this

Data from Kenya’s central bank show that public debt (total money owed) declined between December 2023 and June 2024.

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International Business Times

Cash-strapped Maldives Says No Need For IMF Bailout

The Maldives says its financial troubles are "temporary" and the luxury tourist destination has no plans to seek an International Monetary Fund bailout after warnings of a possible sovereign default.

Fortune

After 2 years of peddling Putin’s propaganda, the IMF is returning to Russia in open defiance of the West

It is hardly surprising that Putin’s cronies are taking victory laps and celebrating the IMF’s legitimization of the Kremlin.

The Guardian - UK

IMF plan to visit Russia to assess economy prompts dismay across Europe

Protest letter sent to fund’s head over move to send staff to Moscow for first review since invasion of Ukraine

Top News

Pakistan Meets IMF Conditions For Billion Loan Approval

Pakistan successfully meets IMF conditions for billion loan with China's support, implementing tax and energy subsidy reforms amidst concerns.

Al Jazeera

Is Pakistan’s $7bn IMF bailout package in trouble?

Pakistan’s deputy prime minister has accused the IMF of stalling on a loan deal, prompting concerns over its fate.

International Business Times

How A Taxi Driver In El Salvador Boosted His Earnings With Bitcoin

Napoleon Osorio is proud of being the first taxi driver to have accepted payment in bitcoin in the first country in the world to make the cryptocurrency legal tender: El Salvador.

International Business Times

How A Taxi Driver In El Salvador Got Rich With Bitcoin

Napoleon Osorio is proud of being the first taxi driver to have accepted payment in bitcoin in the first country in the world to make the cryptocurrency legal tender: El Salvador.

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