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The Latest Breaking News from International Monetary Fund

Oil jumps above $100 after failed peace talks, forint surges after the Hungarian election results

Oil prices surged and stock markets dipped after reports that the US may move to block the Strait of Hormuz. Meanwhile in Europe, the Hungarian forint rose following the election results.

Euronews

Collapse of US-Iran talks heightens fears of prolonged energy shock

Oil prices and borrowing costs are expected to rise this week as tankers remain stranded in the Gulf

The Guardian - UK

Cash-strapped Pakistan to receive $5bn from Saudi, Qatar as debt mounts

Pakistan is set to receive $5 billion in financial support from Saudi Arabia and Qatar, easing pressure on its external position and foreign exchange reserves. This crucial aid comes as Islamabad prepares to repay $3.5 billion to the UAE this month, with Finance Minister Aurangzeb engaging in economic outreach at…

The Times of India

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Task for the week: limit the fallout from biggest oil shock in decades

As World Bank and IMF chiefs gather in Washington, the Iran war is driving up energy prices, fuelling inflation and testing voters’ patience

The Guardian - UK

EU’s largest economies vs top US states: How do they compare in GDP?

Top EU countries and US states appear one after the other in economic size rankings. However, US states surpass the top EU economies in GDP per capita, both in nominal terms and purchasing power.

Euronews

Gap between rich and poor nations is growing even wider, UN report says

The gap between rich and poor nations is growing even wider as actions agreed to by many countries last year, including overhauling the major global financial institutions, remain unfulfilled promises

The Independent UK

The Week Ahead (April 13-19): IMF, World Bank Spring Meetings Begin

Washington hosts global finance leaders while Hong Kong, Hainan and Guangzhou spotlight trade, tech and markets in a pivotal week

Caixin Global

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Fuel shortages likely ‘for some time’ and economic growth downgraded due to Iran war, IMF warns

IMF director warns of lasting economic damage around the world – even if the fragile ceasefire holds

The Independent UK

'No return to normal': IMF warns of lasting economic damage from Iran war

The IMF is cutting its global growth forecast, preparing €42.9bn in emergency aid and warning that 45 million people face food insecurity.

Euronews

IMF chief warns that Iran war will slow global economic growth

The Iran war is darkening the outlook for the world economy — whether or not a fragile ceasefire holds, the head of the International Monetary Fund warned Thursday

The Independent UK

Why the Food Crisis Is Only Postponed — Not Canceled — Amid U.S.-Iran Ceasefire

The recent ceasefire offers a deceptive sense of security, as the long-term degradation of regional gas infrastructure remains a critical catalyst for a global food crisis.

Barchart

Head of IMF says Iran war will permanently scar global economy even if peace is reached

Kristalina Georgieva says even ‘most hopeful scenario’ will lead to growth downgrade and cause permanent hit to living standards

The Guardian - UK

Global Recession Risk Lingers Despite Ceasefire‑Driven Market Calm

Analysts and international economic institutions are warning that the possibility of a global recession remains significant even as markets react positively to ceasefire news.

International Business Times

Hedge fund borrowing exposes emerging markets to greater Iran war risk, says IMF

Analysis shows developing economies more likely to experience higher interest rates and currency shocks

The Guardian - UK

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The Guardian - UK

Oil and gas crisis from Iran war worse than 1973, 1979 and 2022 together, says IEA

Oil prices swing and stock markets tense on approach to Trump’s deadline for Iran to reopen strait of Hormuz

The Guardian - UK

Oil back above $110 in volatile markets as Trump deadline looms for Iran to reopen strait – as it happened

IMF head warns Middle East war will lead to higher inflation and slower global growth while IEA director says oil and gas crisis ‘more serious than the ones in 1973, 1979 and 2022 together’

Tom’s Guide

3 new to Netflix movies in April 2026 with 90% or higher on Rotten Tomatoes

Netflix is adding plenty of movies to its library in April 2026, and I've picked out the new additions that scored highest on Rotten Tomatoes.

The Independent UK

Ministers deny decision has been taken over North Sea gas field project amid spiralling prices

The government insisted no decision has been taken on the project, despite oil prices having soared in response to Iran’s stranglehold on tankers passing through the Strait of Hormuz

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Euronews

Public holidays: How much does a day off cost in Europe?

Europe takes double-digit public holidays a year on average — but as Denmark showed when it axed one to fund its military, every day off has a price tag.

The Conversation

Iran war: what African countries can do to get through the crisis and emerge in a better place

By Easter 2026 it was still not clear when – or how – the war initiated by Israel and the US against Iran would end. But what was already clear was that it would harm Africa in a number of ways.

International Business Times UK

Karoline Leavitt Faces Intense Scrutiny After Suggesting Foreign Leaders 'Were Killed' Over US Negotiation Disputes

Explore the controversial remarks by White House Press Secretary Karoline Leavitt on the consequences faced by Iranian leaders amid Operation Epic Fury. Discover the implications of her statements on US-Iran relations and the ongoing military campaign.

The Independent UK

Why the IMF thinks the UK economy is facing a major shock

IN FULL

The Independent UK

Britain faces one of the largest shocks from Iran war energy crisis, warns IMF

Oil prices have soared in response to Iran’s stranglehold on tankers passing through the Strait of Hormuz

The Guardian - UK

IMF warns Middle East conflict will lead to higher prices and slower global growth

Washington-based fund says rising energy and food costs will hit economies worldwide and could leave lasting scars

Evening Standard

‘All roads’ from Iran war lead to higher prices and slower growth, warns IMF

The international financial institution said it was stepping up support, especially to the most vulnerable economies.

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