The Latest Breaking News from International Monetary Fund

Paraguay's President-elect Santiago Pena: puppet or pragmatist?

Paraguay's President-elect Santiago Pena, a clean-cut former central bank director, will need all his wits and cool to steer the South American nation through economic headwinds hurting voters and rising pressure from farmers to cut ties with Taiwan.

Reuters · May 1, 2023

Sri Lankan Parliament votes to support IMF recovery program

Sri Lanka’s Parliament has voted to support the implementation of a four-year International Monetary Fund program aimed at solving the country’s economic crisis and reducing its debt burden

The Independent UK · Apr 28, 2023

France, Barbados, Zambia back new climate finance advocacy campaign

The leaders of France, Spain, Barbados and Sierra Leone were among those to back a new coalition on Thursday aiming to accelerate the flow of climate-related finance to the world's poorest countries.

Reuters · Apr 27, 2023

Hayley Atwell's Mission: Impossible Journey With Tom Cruise Could Have Started A Lot Sooner

The world can't wait to experience Hayley Atwell's Mission: Impossible entrance, and history almost made it happen much earlier.

Cinemablend · Apr 24, 2023

Schizophrenia being displayed at the IMF

It has taken far too long, but it seems that the International Monetary Fund has finally internalised some hard truths about sovereign-debt reduction. Chief among them is that growing economies have an easier time repaying. As such, fiscal consolidation -- the organisation's favoured strategy -- undermines efforts to reduce debt-to-GDP…

Bangkok Post · Apr 24, 2023

Minister: UK has relationship with African people while China focuses on elites

Andrew Mitchell said development is ‘above all about stopping conflict’ as violence continued to rock Sudan.

The Independent UK · Apr 24, 2023

Sunak criticised for ‘own goal’ over loss of tax-free shopping for tourists, as PM tries to woo business leaders – as it happened

Rishi Sunak hears concerns over tax-free shopping rules, AI and CBI allegations at first summit with UK corporate leaders

The Guardian - UK · Apr 24, 2023

PM to kick off business conference aimed at boosting UK’s economic growth

Rishi Sunak said the Business Connect event would bring the UK’s biggest companies and investors together for ‘meaningful dialogue’.

The Independent UK · Apr 23, 2023

UK to be hit with fastest and harshest price rises in the G7

Forecasts show that prices for everyday goods are set to rise 40 per cent faster in the UK than any other major advanced economy

The Independent UK · Apr 23, 2023

France, Japan, India team up to rescue Sri Lanka from China debt trap

France, India and Japan have teamed up and invited others to join in the rescue of Sri Lanka’s crippled economy, a crisis blamed on mindless spending by the island’s rulers of money borrowed from China.

Radio France Internationale · Apr 23, 2023