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The Latest Breaking News from International Monetary Fund

Welcome to post-growth Europe – can anyone accept this new political reality?

Across much of Europe, the engines of economic growth are sputtering. In its latest global outlook, the International Monetary Fund (IMF) sharply downgraded its forecasts for the UK and Europe, warning that the continent faces persistent economic bumps in the road.

The Conversation

7 new Netflix movies with over 90% on Rotten Tomatoes in July 2025

A bucketload of new movies are dropping on Netflix in July 2025, but you need to binge these seven with over 90% on Rotten Tomatoes first.

TechRadar

Somalia has relied on aid for decades – can it survive without it?

Somalia is struggling with hunger, security and the impact of the climate crisis, despite decades of aid money worth billions of dollars, writes Nick Ferris. As aid money gets cut, is this the time for countries to wean themselves off aid dependency – and can they do it?

The Independent UK

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Spain overtakes Japan in GDP per capita - what is behind the numbers?

Spain’s economy is thriving, driven by a global boost in services, mainly tourism, overtaking the sluggish performance of the Japanese economy in the last decade.

Euronews

5 best spy thriller movies to stream on Netflix

Our guide on the five best spy thriller movies to add to your Netflix watchlist now.

Tom’s Guide

Dollar Supremacy Under Threat Despite A Slowing China? 'Absolutely,' Says This Economist — Beijing Is The Largest Trading Partner For Half The World And They've 'Arrived'

Despite the economic downturn in China, former IMF Chief Economist Kenneth Rogoff believes the country's push to undermine the U.S. dollar's global dominance remains firmly on track.

Benzinga

IMF Urges Swiss To Strengthen Bank Resilience

The International Monetary Fund on Tuesday urged Switzerland to strengthen the resilience of its banks and address the flaws exposed by the collapse of Credit Suisse.

International Business Times

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The global south needs more than tinkering at a conference: debt forgiveness is the only fair way

Next week, a UN summit in Seville will discuss the future of financing the world’s poorer nations. It should first concede that the old methods have failed

The Guardian - UK

Kenya: two protesters die from gunshot wounds and several injured during protests – as it happened

Casualties arrive at Kenyatta national hospital, Nairobi, as government orders broadcasters to stop coverage; legal challenge raised against police barricading of streets

The Guardian - UK

Ken Rogoff Warns AI's Hunger For Power Could Send Interest Rates Soaring: 'You're Going To See Even More Spending, Not Less'

Artificial general intelligence may not lead to the deflationary future some investors expect, according to Harvard professor and former IMF Chief Economist Ken Rogoff.

Benzinga

US strikes on Iran could damage global growth, says IMF chief

Oil prices could rise if Iran goes ahead with threat to shut down shipping in the strait of Hormuz

The Guardian - UK

Goldman Sachs warns Brent crude could hit $100 per barrel if strait of Hormuz is disrupted; oil dips as Trump demands lower prices – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Mission: Impossible - The Final Reckoning's big death is finally explained by director Christopher McQuarrie: "It was one he wanted to do, and one he was most moved by"

"The movie had no teeth without it, without some loss."

Total Film

World Bank And IMF Climate Snub 'Worrying': COP29 Presidency

The hosts of the most recent UN climate talks are worried international lenders are retreating from their commitments to help boost funding for developing countries' response to global warming.

International Business Times

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Euronews

IMF chief: European lifestyle is at risk if productivity isn’t boosted

Progress on the single market needs to be a priority for the European Union, Kristalina Georgieva told Euronews.

Euronews

Middle East conflict adding to uncertainty amid trade tensions, IMF chief says

Former European Commission Vice-President and current IMF chief Kristalina Georgieva spoke to Euronews about the state of the global economy amid escalating trade tensions and the outbreak of a new conflict involving Iran.

Al Jazeera

How is Pakistan raising money for a 20 percent hike in defence spending?

Pakistan hikes its defence budget by 20 percent after border clashes with India, economy remains reliant on IMF loans.

The Independent UK

Syria's post-war economic recovery will require 'substantial' international support, IMF says

The International Monetary Fund had said it visited Syria for the first time since 2009 as the country scrambles to rebuild after over a decade of conflict

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news in one place.

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Euronews

Syria's post-war economy will require 'substantial' international support, IMF says

Since long-time authoritarian leader Bashar al-Assad was ousted in December countries have started restoring ties with Damascus, with some lifting sanctions in a bid to kickstart the economy.

The Conversation

Spending review: Rachel Reeves is about to make a £600 billion gamble on growth

UK chancellor Rachel Reeves faces her biggest test with the government’s departmental spending plans for the three years from next April until the general election. With nearly £600 billion a year to spend, her decisions will impact on every aspect of public life and shape the political weather for years…

Caixin Global

Weekend Long Read: Remembering Luminary Economist Stanley Fischer

The MIT professor helped shape the foundations of New Keynesian economics and influenced generations of economists and policymakers

Tom’s Guide

'Mission: Impossible — The Final Reckoning' is now on digital — but when can you stream it on Paramount Plus?

Here's when and where you might be able to stream “Mission: Impossible — The Final Reckoning,” the final installment in the popular Tom Cruise action series.

The Independent UK

Has India really overtaken Japan to become world’s 4th largest economy?

IN FOCUS: Surpassing Japan’s GDP would be a significant milestone for the world’s most populous country, but experts say an Indian official’s claim might be premature. Either way, are such moments really a cause for celebration? Shweta Sharma reports from Delhi

International Business Times

IMF Report Spotlights St Kitts And Nevis' Need For Major Investment Project

With GDP growth stalling and tourism still below pre-pandemic levels, the IMF highlights the urgent need for a transformative investment project

Inverse

Marie? Mission: Impossible's Most Mysterious Character Retcons Ethan Hunt's Origins

'The Final Reckoning' wastes its most intriguing character, but does add some interesting context to Ethan Hunt's backstory.

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