The Latest Breaking News from International Monetary Fund

IMF slashes UK growth forecasts as inflation slows economy

The International Monetary Fund (IMF) slashed its growth forecasts for Britain today as it warned inflation will hit spending and investment.

Evening Standard · Apr 19, 2022

UK GDP growth to slow to worst in G7 in 2023, says IMF – as it happened

Live rolling coverage of business, economics and financial markets as global growth forecasts downgraded amid Ukraine invasion and inflation

The Guardian - UK · Apr 19, 2022

FTSE 100 Live: IMF slashes UK forecast, stocks rally

The IMF’s world economic outlook and earnings updates from more major US companies will provide the main focus for investors today.

Evening Standard · Apr 19, 2022

U.S. Treasury's Yellen to skip some G20 sessions, encourage pressure on Russia

U.S. Treasury Secretary Janet Yellen plans to skip some sessions of this week's G20 finance meeting in protest at Russia's assault on Ukraine and will urge International Monetary Fund and World Bank members to increase pressure on Moscow, two senior U.S. Treasury officials said on Monday.

Reuters · Apr 18, 2022

IMF expects 'significant' pledges for new climate, pandemics trust

The International Monetary Fund expects to members to make "significant" pledges of support for its newly approved Resilience and Sustainability Trust during the IMF-World Bank spring meetings beginning this week, a senior IMF official said.

Reuters · Apr 18, 2022

Will Biden ever stand up to the IMF’s abuses of power?

The IMF claims to deliver stability, strength, and solidarity. Its record shows the opposite

The Guardian - US · Apr 18, 2022

Beating expectations, Chinese economy grows 4.8% in first quarter of 2022

Over the first three months of the year, China's economy expanded at an annual rate of nearly 5 percent when compared to the same stretch last year. But as Covid-19 lockdowns roll on, the country's annual growth target looks hard to reach. Also, talks kick off between Sri Lanka and…

France 24 · Apr 18, 2022

Sri Lankan president says regrets crisis, expands cabinet ahead of IMF talks

Sri Lanka's embattled president announced 17 new ministerial appointments on Monday, notably leaving out members of his own family, and expressed regret for his government's handling of a devastating economic crisis that has led to widespread protests.

Reuters · Apr 18, 2022

Russia-Ukraine updates: Putin honours troops accused of abuses

Ukraine news from April 18: Putin praises ‘mass heroism’ of brigade accused of carrying out mass killings in Bucha.

Al Jazeera · Apr 17, 2022

Lebanon Inches Closer to Abandoning its Banking Secrecy System

Lebanon might soon abandon its “banking secrecy” system, which has been in place for more than six decades. The move comes as part of conforming to the requirements that have been agreed upon by the country's executive and legislative authorities, and in preparation for converting the initial deal with the…

Asharq Al-Awsat · Apr 16, 2022