The Latest Breaking News from International Monetary Fund

Scientists now one step closer to identifying the source of solar mean magnetic field: Indian Institute of Astrophysics study

Scientists from the Indian Institute of Astrophysics (IIA) through their latest study have given a clearer picture of how the sun’s magnetic field influences the interplanetary magnetic space which is the primary driver of space weather.

The Hindu · Jun 25, 2023

IMF says banning crypto 'may not be effective' and encourages governments to consider 'well designed' CBDCs

A Thursday blog post noted that people in Latin America have been turning to crypto for protection against macroeconomic conditions—and for cheaper and faster payments.

Fortune · Jun 23, 2023

Rich nations pledge to unlock hundreds of billions for climate fight

Multilateral development banks like the World Bank are expected to find $200 billion in extra firepower for low-income economies by taking on more risk, a move that may require wealthy nations to inject more cash, world leaders said on Friday.

Radio France Internationale · Jun 23, 2023

Macron opens Paris summit to help developing nations face climate crisis

Heads of state, finance leaders and activists from around the world are converging in Paris to attend a summit which aims to overhaul the world's development banks and help developing countries face the challenges of a warmer and stormier world.

Radio France Internationale · Jun 22, 2023

Paris summit aims to overhaul global financial system for 'climate solidarity' with South

Around 50 heads of state, along with representatives from international institutions and civil society, will attend a summit hosted by French President Emmanuel Macron on Thursday and Friday in Paris. Their objective is to develop a new global financial system so the most vulnerable countries will be better equipped to…

France 24 · Jun 21, 2023

Paris hosts summit to secure debt relief and climate cash for developing countries

On 22 and 23 June, Paris is hosting a summit for a “New Global Financing Pact” at the Palais Brogniart. Heads of state, international organisations and representatives of civil society will be gathering to discuss ways to boost solidarity toward the Global South. The aim is also to contribute to…

The Conversation · Jun 21, 2023

China's economic recovery is built on increasingly shaky foundations and that could affect the whole world

Confidence in China’s post-COVID recovery has started to waver over the past week after the world’s second-largest economy reported disappointing figures for two of the major drivers of its economy: property and exports.

The Conversation · Jun 21, 2023

Paris summit aims to shake up the financial system. It will test leaders' resolve on climate

Heads of state, finance leaders and activists are converging in Paris to seek ways to overhaul the International Monetary Fund and World Bank and usher the global development banks into a post-pandemic world with a rapidly changing climate

The Independent UK · Jun 21, 2023

Christopher McQuarrie says Edgar Wright’s feedback completely changed Mission Impossible 7

EXCLUSIVE: Christopher McQuarrie talks getting advice from fellow director Edgar Wright on Mission: Impossible – Dead Reckoning Part One

Total Film · Jun 20, 2023

Debt relief urgent for poor countries hit by climate shocks, says IMF chief

Exclusive: Kristalina Georgieva calls for ‘debt for climate swaps’ ahead of world summit on new global financial pact

The Guardian - UK · Jun 20, 2023