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The Latest Breaking News from International Monetary Fund

Russia test: Will Pakistan attend the Ukraine peace summit?

Pakistan insists it has stayed neutral on Russia’s war on Ukraine. But it now faces a difficult choice.

Al Jazeera

IMF officialdelivers stark warning on AI's potential to turn an ordinary downturn into a severe economic crisis

"I believe there is a real need to have parallel effort to make sure that we're also AI-proofing the global economy."

Fortune

Renault links up with Chinese partner to build $22,000 EV after VW broadside

Renault CEO Luca de Meo was critical of Volkswagen after talks over a joint affordable EV imploded.

Fortune

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IMF Upgrades China's Economic Forecast, Calls For Consumer-Friendly Reforms

IMF upgrades China's growth forecast to 5%, emphasizing consumer-friendly reforms for sustained high-quality growth. Risks ahead include declining growth r...

Top News

IMF upgrades its forecast for China's economy, but says reforms are needed to support growth

The International Monetary Fund has upgraded its forecast for China's economy, while warning that reforms are needed to sustain growth

The Independent UK

IMF Lifts China Growth Forecast But Warns On Industrial Policy

The International Monetary Fund on Wednesday raised its yearly growth forecast for China, but warned that Beijing's industrial policy risks a "misallocation" of resources and could harm trade.

International Business Times

9 Years Later, The Century's Best Spy Thriller Franchise Could Regain A Secretly Crucial Character

How do you make impossible missions plausible? When it comes to 'Mission: Impossible' movies, the answer might be Jeremy Renner.

Inverse

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Sunak dashed for July election because hopes of UK economic recovery are fading

Prime minister knows economy is likely to be in even worse shape by autumn or winter, but summer’s good news won’t impress a battered public

The Guardian - UK

Hopes grow of G7 deal to support Ukraine with $300bn in frozen Russian assets

Foreign ministers confident of agreement to use bank assets as security for Ukraine reconstruction loan

The Guardian - UK

Poverty in Lebanon more than tripled in past decade: World Bank

Report shows country has slid into a protracted financial crisis, with Syrian refugee population hit particularly hard.

Al Jazeera

IMF: Lebanon's Reforms Insufficient For Economic Recovery

IMF evaluates Lebanon's reform measures as insufficient for economic recovery, urges comprehensive changes to address deep-rooted challenges.

Top News

Poverty in Lebanon tripled over a decade, World Bank says

The World Bank says poverty in Lebanon has tripled over the course of a decade during which the small Mediterranean country slid into a protracted financial crisis

The Independent UK

Things can only get better? For Sunak and the UK economy, this might be as good as it gets

Economies decide elections but with growth tentative, inflation sticky, and tax cuts unlikely, why would the PM wait

The Guardian - UK

Top data breaches and cyber attacks in 2024

An exhaustive list of major data breaches in 2024 so far.

TechRadar

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news in one place.

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The Guardian - UK

Current and future chancellor face tough choices after IMF report on UK economy

Body says £30bn fiscal gap cannot be filled by higher growth or extra borrowing. So how will No 11 ease pressure on public finances?

Evening Standard

FTSE 100 Live 21 May: Inflation in focus after index closes slightly down

Higher-than expected UK inflation figures disappointed the City today, with shares falling as the 2.3% Consumer Price Index reading dashed hopes of a June interest rate cut.

Evening Standard

OPINION - An improving economy won't save the Tories

It doesn't seem fair. When the economy is tanking, the government gets the blame. When it recovers, voters tend to give short shrift. Just ask John Major, who couldn't even convince one in three Britons to support the Conservatives in 1997 despite overseeing 22 consecutive quarters of GDP growth and…

International Business Times

IMF Cautions On Timing Of UK Rate Cut

The International Monetary Fund on Tuesday said the Bank of England should be mindful over when to start cutting interest rates or risk harming an economy recently out of recession.

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Evening Standard

Homeowners given hope of THREE interest rate cuts this year by a new report by leading economists

The IMF raised the prospect of summer cuts to interest rates by the Bank of England, and of a fall from 5.25 per cent to 4.5 per cent in 2024

The Guardian - UK

Jeremy Hunt looks to cut NICs again despite IMF warning of £30bn fiscal hole

World body’s latest health check of UK economy says ‘unpopular revenue-raising measures’ may be needed

The Guardian - UK

UK economy heading for ‘soft landing’ says IMF, in warning against tax cuts – as it happened

The IMF has delivered its verdict on the UK economy, and signalling its opposition to pre-election tax cuts from Jeremy Hunt

The Guardian - UK

Moscow says west ‘playing with fire’ over Ukraine – as it happened

The country’s foreign ministry said the supply of long range weapons to Ukraine by the UK and US had led to an escalation in the conflict

The Guardian - AU

Ukraine war briefing: Kharkiv campaign won’t deliver major Russian breakthrough – Nato general

Ukraine accuses invaders of killing civilians and setting up human shields; sanctions over North Korean arms supply to Russia. What we know on day 814

Top News

IMF Expresses Concern Over US Inflation Data

IMF expresses concern over rising US inflation, urging policymakers to take action to maintain economic stability.

TechRadar

IMF boss warns AI "tsunami" could devastate global jobs market

International Monetary Fund Managing Director warns that 2-3 in five jobs could be affected by AI.

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