The Latest Breaking News from International Monetary Fund

Landslide win for Sri Lanka’s leftist coalition in snap general elections

President Dissanayake now has the mandate he needs to tackle corruption and recover stolen assets after financial crash.

Al Jazeera · Nov 15, 2024

Sri Lanka President's Party Headed For Landslide: Early Results

New Sri Lankan President Anura Kumara Dissanayake's party was set for a landslide victory in snap legislative elections, initial results showed Friday.

International Business Times · Nov 15, 2024

Sri Lanka parliamentary elections 2024: What’s at stake?

Here is why the upcoming parliamentary election is so significant for newly-elected President Anura Kumara Dissanayake.

Al Jazeera · Nov 14, 2024

Nayib Bukele Hails Vindication As Bitcoin Hits New All-Time Highs

Nayib Bukele is just one of the many Bitcoiners who feel vindicated after Bitcoin hit new all-time highs, but the El Salvadoran leader's case is particularly special, as he refused to bend to skeptics who questioned his $BTC strategy.

Latin Times · Nov 12, 2024

Nayib Bukele Claims Vindication As Bitcoin Hits New All-Time Highs

The El Salvador leader refused to bend to skeptics who questioned his strategy.

International Business Times · Nov 12, 2024

Sri Lanka's Leftist President Faces First Parliament Test

Sri Lanka's new leftist leader has drawn strong support from an unlikely source as he seeks to expand his three parliamentary seats to a house majority in elections on Thursday.

International Business Times · Nov 12, 2024

US cancels $1.1bn of Somalia’s debt in ‘historic’ financial agreement

Commitment by Mogadishu’s largest single lender is latest in series of deals to forgive ‘unsustainable’ $4.5bn debt

The Guardian - UK · Nov 6, 2024

Jittery markets hold their nerve on Budget £32b borrowing as minister reassures: We've all got PTSD from Truss

Chief Secretary to the Treasury Darren said on borrowing the Government does not ‘think that we are pushing it to the limit’

Evening Standard · Nov 1, 2024

Chancellor seeks to calm markets amid jitters after Budget borrowing spree

The Budget increased state spending by almost £70 billion per year funded by increased taxes and borrowing.

Evening Standard · Nov 1, 2024

Reeves admits NI hike could hit pay rises while markets react to borrowing spree

Chancellor Rachel Reeves insisted she had no alternative but to raise taxes in her first Budget.

Evening Standard · Oct 31, 2024