Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from International Monetary Fund

Beyond boats, beef and Bali: Albanese's unfinished business with Indonesia

Indonesia may be the world’s fourth most populous nation – with more than 270 million people – but Australian news coverage of it typically involves three things: beef, boats and Bali.

The Conversation

Sri Lanka president vows to finish term, won’t run for re-election

COLOMBO, Sri Lanka — President Gotabaya Rajapaksa vowed to finish the remaining two years in his term despite month-slong street protests calling for his ouster, but won’t stand for re-election as he focuses on fixing a financial mess that tipped Sri Lanka into its worst-ever economic crisis.

Tribune News Service

Ahead of govt consultation paper launch, RBI deputy governor says CBDCs can kill case for cryptocurrencies

MUMBAI: Ahead of the government coming out with a consultation paper on cryptocurrencies, Reserve Bank deputy governor T Rabi Sankar on Thursday said the soon-to-be-introduced central bank digital currencies (CBDCs) can "kill" whatever little case that exists for private virtual currencies like bitcoin.

The Times of India

From analysis to the latest developments in health,
read the most diverse news in one place.

You need to watch Tom Cruise’s most gravity-defying action thriller on Netflix ASAP

Brad Bird proved he was the perfect choice to direct a 'Mission: Impossible' movie with 'Ghost Protocol.'

Inverse

Timeline: The Bolsheviks to Putin: a history of Russian defaults

In 1918, Soviet revolutionary Leon Trotsky told Western creditors aghast at the Bolsheviks' repudiation of Russia's external debt: "Gentlemen, you were warned."

Reuters

Tunisian Union Announces National Strike in June

Tunisia’s powerful UGTT union on Tuesday called a national public strike for June after the government refused to increase wages, an escalation that may hinder the government's efforts to reach a deal with the International Monetary Fund. Tunisia faces a serious financial crisis and is seeking a $4 billion loan…

Asharq Al-Awsat

Why Young Protesters in Sri Lanka Are Wary of Traditional Politics

Sri Lanka is facing one of the worst economic crises in recent decades, triggering public anger and mass protests, which have fostered unity across ethnic and religious lines.

The News Lens

Read news from The Economist, FT, and more,
with one subscription

Forex reserves rise $4.23 billion to $597.51 billion: RBI

MUMBAI: India's forex reserves increased by $4.23 billion to $597.509 billion for the week ended May 20 on the back of a high accretion of core currency assets, according to RBI data.

The Times of India

Sri Lanka PM stresses urgency for economic reform plan

Sri Lanka’s prime minister says that he will quickly prepare an economic reform program and seek approval from the International Monetary Fund

The Independent UK

Davos 2022: IMF chief says food export bans 'only making crisis worse'

This year's World Economic Forum in Davos has been dominated by the war in Ukraine and its implications on the global economy. With the drop in grain exports from the region, concern is growing over a looming food crisis. FRANCE 24's Business Editor Kate Moody spoke to IMF Managing Director…

France 24

Value of Lebanese pound drops to all-time low

The black market rate, widely used across the country, now sits at 35,600 to the US dollar.

Al Jazeera

Lebanese Pound Trades at Record Low of 35,000 to the Dollar

Lebanon's pound traded at a record low of more than 35,000 to the dollar on Thursday, according to currency exchange platforms and traders, as divisions within a newly-elected parliament fuel concerns political paralysis will worsen the country's financial crisis, Reuters reported. The legislature elected on May 15 has yet to…

Asharq Al-Awsat

Security Council Calls for Swift Formation of New Government in Lebanon

The 15 members of the UN Security Council called on Wednesday for the quick formation of a new inclusive government in Lebanon and the urgent implementation of previously outlined tangible reforms, including the swift adoption of an appropriate budget for 2022. The swift formation of a new cabinet “would enable…

Asharq Al-Awsat

IMF's Georgieva: 'Trend of fragmentation is strong'

International Monetary Fund Managing Director Kristalina Georgieva on Wednesday said she worries less about the risk that the war in Ukraine and a further slowdown in China might trigger a global recession than she does about the strength of the trend toward economic and political fragmentation.

Reuters

Get all your
news in one place.

100's of premium titles.
One news app.

France 24

Davos 2022: IMF chief Georgieva urges action on food crisis

The world is facing its worst food crisis in history. Millions of tonnes of wheat are stuck in Ukraine, worsening an already precarious situation for many countries that depend on exports from the region. IMF Managing Director Kristalina Georgieva tells FRANCE 24 Business Editor Kate Moody that only "very strong…

Reuters

Sri Lanka prime minister retains finance minister portfolio

Sri Lanka's Prime Minister Ranil Wickremesinghe will hold dual charge as finance minister, the president's office announced on Wednesday, and will lead talks with the International Monetary Fund (IMF) for a bailout for the crisis-hit nation.

Daily Mirror

Global economy faces 'biggest test since the Second World War', expert warns

Kristalina Georgieva, head of the International Monetary Fund, said food and energy prices are squeezing households around the world - and central banks are tightening monetary policy to rein in inflation

Reuters

What you need to know about Davos on Monday

The World Economic Forum returned to Davos on Monday with a unique spring gathering. Here is what you need to know about Day 1:

Get all your
news in one place.

100's of premium titles.
One news app.

Reuters

World economy has 'buffer' against recession says IMF's Gopinath

While the world economy faces headwinds, current growth forecasts offer a buffer against a potential global recession, the International Monetary Fund's No. 2 official said Monday.

Reuters

IMF chief does not expect recession but it isn't 'out of the question'

International Monetary Fund Managing Director Kristalina Georgieva on Monday said she does not expect a recession for the world's major economies but also cannot rule one out.

The Times of India

Forex reserves down by $2.676 billion to $593.279 billion

MUMBAI: The country's foreign exchange reserves declined by $2.676 billion to stand at $593.279 billion in the week ended May 13, RBI data showed on Friday.

Asharq Al-Awsat

G7 Countries to Provide $19.8 Billion in Aid to Ukraine

The Group of Seven leading economies agreed Friday to provide $19.8 billion in economic aid to Ukraine to help keep tight finances from hindering its ability to defend itself from Russia’s invasion. German Finance Minister Christian Lindner told reporters that $9.5 billion of the total amount was mobilized at meetings…

Asharq Al-Awsat

Lebanon Recovery Plan Includes Central Bank Debt Write-Off, Haircuts to Depositors

Lebanon's government foresees cancelling "a large part" of the Central Bank's foreign currency obligations to commercial banks and dissolving non-viable banks by November, according to a financial recovery plan passed by the cabinet on Friday. The document, seen by Reuters and verified as accurate by a minister, was passed by…

Reuters

Pandemic and explosions worsen Equatorial Guinea prospects, IMF says

Equatorial Guinea's ailing economy has been dented by the pandemic and a series of deadly dynamite explosions in 2021 despite government efforts to mitigate the impact of these shocks on the oil-producing nation, the International Monetary Fund (IMF) said on Friday.

Al Jazeera

IMF extends Somalia funding to August following election

The IMF accepted the Somali government’s request for a three-month extension to examine and endorse planned reforms.

1 … 84 85 86 87

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

International Monetary Fund

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.