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The Latest Breaking News from International Monetary Fund

Panama City Rises To The El Salvador Challenge: An Emerging Bitcoin, Ethereum Hub

Panama City has greenlighted the use of crypto for city payments, including taxes and permits, marking a major milestone in the global race toward cryptocurrency adoption.

International Business Times

US tariffs will not spark global recession but will weaken economy, IMF says

Surging US tariffs will weaken the global economy and push up inflation this year, according to the International Monetary Fund.

Euronews

Baby boomers urged to stay in work as ‘70 is the new 50’

The IMF found that people in their 70s in 2022 had the same cognitive and physical function as people in their 50s in 2000

The Independent UK

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Countries Must 'Make The Best' Of New Multipolar World: IMF Chief

Countries have no choice but to "make the best" of the fragmentation of the global economy by boosting ties with regional and like-minded countries, the head of the International Monetary Fund said in an interview Thursday.

International Business Times

World Economy Should Avoid Recession Despite Tariffs, IMF Chief Says

The global economy is likely to avoid a recession despite the hit to growth from US President Donald Trump's tariff rollout, the head of the International Monetary Fund said Thursday.

International Business Times

Global Uncertainty Will 'Certainly' Hit Growth: World Bank President

The uncertainty kicked up by Donald Trump's stop-start tariff rollout will undoubtedly hit growth, the president of the World Bank said Wednesday, ahead of next week's semi-annual meeting of global financial leaders in Washington.

International Business Times

What does it mean that Milei ended Argentina's strict controls on currency and capital?

President Javier Milei promised Argentinians that an economic revival would follow the pain of harsh austerity

The Independent UK

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Malawi's Debt Crisis Deepens As Aid Cuts Hurt

Behind a dimly lit bar in Malawi's capital, Ben Manda rubbed his tired eyes and poured a customer a drink.

International Business Times

Argentine Peso Depreciates After Exchange Controls Lifted

Argentina's currency dropped 8.4 percent against the US dollar as markets opened in Buenos Aires Monday, after the partial lifting of exchange controls in place for six years.

International Business Times

Argentina Receives $42 Bn From International Financial Institutions

Three international financial institutions announced $42 billion in fresh support for financially troubled Argentina on Friday, as its president said his country's economy will grow "like never before."

International Business Times

Argentina says it will lift the country's strict currency controls with the help from the IMF

Argentine President Javier Milei’s economy minister says the libertarian government would lift the country’s strict capital and currency controls in a few days, a high-stakes gamble made possible by a new loan from the International Monetary Fund

The Independent UK

Zimbabwe starts compensating white farmers 25 years after land seizures

Step is requirement for restructuring country’s debt, including new IMF programme

The Guardian - UK

Argentina Braves 24-hour Strike As It Awaits Word On IMF Loan

Trains and planes were grounded in Argentina Thursday as a 24-hour general strike against President Javier Milei's austerity measures paralyzed some services, even as the country awaits news on a fresh IMF loan.

International Business Times

Starmer urged to accelerate global trade deals after Trump tariff chaos

Exclusive: The UK is warned it cannot isolate itself from the effects of a trade war between the US and China after Donald Trump’s U-turn on tariffs

The Independent UK

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Latin Times

Argentina Braces For 24-hour Strike As It Awaits News On IMF Loan

A peaceful demonstration in the capital Buenos Aires preceded Thursday's walkout -- the third general strike in budget-slashing Milei's 16-month-old presidency, and called by unions to protest his brand of "chainsaw" austerity.

The Independent UK

Gordon Brown calls for an ‘economic coalition of the willing’ to counter Trump tariffs

The former prime minister urged Britain to go further in removing post-Brexit trade barriers with the EU

Reason

Argentina Strikes $20 Billion Deal With IMF To Fuel Milei's Reforms

The IMF says the deal builds on "impressive early progress in stabilizing the economy."

International Business Times

Argentina Braces For 24-hour Strike As It Awaits News On IMF Loan

Argentina is bracing for fresh austerity protests Wednesday, with a 24-hour general strike slated to start at midnight against President Javier Milei, who remains focused on Washington and a new IMF loan.

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Euronews

IMF reaches a deal with troubled Argentina on bailout worth €18bn

The bailout provides a welcome reprieve to President Javier Milei as he seeks to overturn the country's old economic order.

The Independent UK

The International Monetary Fund reaches preliminary deal with Argentina on $20 billion bailout

The International Monetary Fund says it's reached a preliminary, staff-level agreement with cash-strapped Argentina on a $20 billion bailout package, providing a welcome reprieve to libertarian President Javier Milei as he seeks to overturn the country’s old economic order

The Guardian - UK

Trump’s tariffs may be perilous for small, heavily indebted countries in global south

Garment workers in countries such as Cambodia among those who fear they will lose pay cheques if companies move production elsewhere

International Business Times

Trump's Tariff Big Bang Puts Global Economy Under Threat

It took just one 50-minute speech by US President Donald Trump to undermine global economic stability and raise the prospect of a recession, with China's countermeasures only amplifying the risk of a debilitating tit-for-tat trade war.

The Guardian - UK

China hits back hard at ‘bullying’ Trump tariffs as global recession fears grow

Beijing imposes punitive 34% extra tariffs on all goods imported from US, exacerbating stock market sell-off

Radio France Internationale

French industry leaders back Macron’s call to freeze US investments

As transatlantic trade tensions flare over new US tariffs, French President Emmanuel Macron has urged companies to freeze US investments in order to protect France’s economic interests and rally European unity.

The Guardian - UK

IMF warns of ‘significant risk’ to global economy from Trump tariffs as markets plunge

Fund boss Kristalina Georgieva says it is important that US and trading partners avoid escalating trade war

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