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The Latest Breaking News from International Monetary Fund

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

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

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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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.

Euronews

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.

Al Jazeera

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

The Independent UK

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.

Euronews

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…

The Conversation

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

Caixin Global

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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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The Guardian - UK

Reeves in standoff with ministers over proposed cuts to public services

IMF suggests chancellor could refine fiscal rules, but some fear policing and social housing face spending cuts

Inverse

19 Years Later, Mission: Impossible Just Retconned Its Most Polarizing Movie

With one powerful retcon, 'Mission: Impossible — The Final Reckoning' makes Ethan the architect of his own demise.

The Independent UK

Mandelson claims UK-US relationship needs ‘boot up backside’ as he issues warning on China dominance

UK ambassador to the US says the two countries must take the international lead on future technologies as he warns 'golden era' of friendship with China is over

The Independent UK

IMF warns Trump’s tariffs are set to drag down UK economy next year

The organisation maintained its projection that the UK economy will expand by 1.4 per cent in 2026

Evening Standard

Economic recovery 'under way' in Britain and set to speed up, says IMF in boost to Chancellor Rachel Reeves

The Washington-based think tank nudged up its growth forecast for the UK this year from 1.1% in April to 1.2%

The Guardian - UK

Rachel Reeves should refine fiscal rules to avoid emergency spending cuts, IMF says

The organisation, which has been assessing the UK economy, upgrades its growth forecast this year to 1.2%

Evening Standard

Tariff tensions to drag down UK economy next year, says IMF

Economists at the IMF said global trade tensions are expected to wipe 0.3 percentage points off growth for 2026.

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