Javier Milei travels to US amid crisis over $Libra cryptocurrency scamMilei's visit to the U.S. comes amid a cryptocurrency scandal and impeachment calls, aiming for crucial IMF support to stabilize Argentina's economy.
El Salvador scales back bitcoin bet to get $1.4bn IMF loanEl Salvador's adjustment to its bitcoin policy enables a $1.4bn loan from the IMF, suggesting reduced risks in cryptocurrency adoption.
El Salvador Is Still Bitcoin CountryEl Salvador remains Bitcoin country despite removing bitcoin as legal tender, as ongoing adoption and education continue.The IMF's loan agreement influenced the legislative decision to revoke Bitcoin's legal tender status.
IMF Urges El Salvador Again to Strengthen Regulatory Framework and Oversight of BitcoinThe IMF urges El Salvador to modify its bitcoin law and limit public sector exposure for financial stability.
The Future of Financial Sovereignty for Developing Nations: IMF vs Bitcoin - PART 2 | HackerNoonEl Salvador's adoption of Bitcoin exemplifies a shift towards financial independence and challenges the traditional power of institutions like the IMF.
Bukele Is The President of El Salvador, Not BitcoinPresident Bukele's concessions in the Bitcoin Law reflect a pragmatic approach to governance focused on the needs of the Salvadoran people.
El Salvador scales back bitcoin bet to get $1.4bn IMF loanEl Salvador's adjustment to its bitcoin policy enables a $1.4bn loan from the IMF, suggesting reduced risks in cryptocurrency adoption.
El Salvador Is Still Bitcoin CountryEl Salvador remains Bitcoin country despite removing bitcoin as legal tender, as ongoing adoption and education continue.The IMF's loan agreement influenced the legislative decision to revoke Bitcoin's legal tender status.
IMF Urges El Salvador Again to Strengthen Regulatory Framework and Oversight of BitcoinThe IMF urges El Salvador to modify its bitcoin law and limit public sector exposure for financial stability.
The Future of Financial Sovereignty for Developing Nations: IMF vs Bitcoin - PART 2 | HackerNoonEl Salvador's adoption of Bitcoin exemplifies a shift towards financial independence and challenges the traditional power of institutions like the IMF.
Bukele Is The President of El Salvador, Not BitcoinPresident Bukele's concessions in the Bitcoin Law reflect a pragmatic approach to governance focused on the needs of the Salvadoran people.
Former German President Horst Kohler dies at 81Horst Kohler, former German president and IMF head, passed away at 81 after a brief illness, leaving behind a complex legacy in German politics.
IMF warns on Trump's plans but upgrades UK outlookIMF has upgraded the UK growth forecast to 1.6% for this year, despite global uncertainties.
UK interest rates will stay high unless service sector inflation falls, says IMFThe IMF warns the UK about potential higher interest rates due to persistent service sector inflation.
IMF urges Rachel Reeves to raise taxes and rein in spending to stabilise UK public financesIMF urges tax increases and spending cuts for sustainable public finances in the UK. Immediate action is critical to prevent exacerbation of existing issues.
UK economy to grow by 1.6% this year, IMF - London Business News | Londonlovesbusiness.comUK economy projected to grow by 1.6% in 2023, reflecting improved real incomes and consumption.
Reeves' 40bn tax rises will boost growth sustainably', says IMFThe IMF supports Rachel Reeves' budget, emphasizing its role in sustainable economic growth.Labour's budget marks a significant shift from previous austerity measures towards increased public investment.
IMF tells UK not to cut taxes as it warns over 30bn fiscal holeIMF opposes pre-election tax cuts from Jeremy Hunt due to looming 30bn deficit in UK's finances.
IMF warns on Trump's plans but upgrades UK outlookIMF has upgraded the UK growth forecast to 1.6% for this year, despite global uncertainties.
UK interest rates will stay high unless service sector inflation falls, says IMFThe IMF warns the UK about potential higher interest rates due to persistent service sector inflation.
IMF urges Rachel Reeves to raise taxes and rein in spending to stabilise UK public financesIMF urges tax increases and spending cuts for sustainable public finances in the UK. Immediate action is critical to prevent exacerbation of existing issues.
UK economy to grow by 1.6% this year, IMF - London Business News | Londonlovesbusiness.comUK economy projected to grow by 1.6% in 2023, reflecting improved real incomes and consumption.
Reeves' 40bn tax rises will boost growth sustainably', says IMFThe IMF supports Rachel Reeves' budget, emphasizing its role in sustainable economic growth.Labour's budget marks a significant shift from previous austerity measures towards increased public investment.
IMF tells UK not to cut taxes as it warns over 30bn fiscal holeIMF opposes pre-election tax cuts from Jeremy Hunt due to looming 30bn deficit in UK's finances.
Yellen Rebukes Chinese Lending Practices in Call for Debt ReliefYellen criticized China's lending practices and called for swift global debt relief for disadvantaged nations to support their development efforts.
The world's $100 trillion fiscal timebomb keeps tickingIMF urges global finance leaders to address rising public debt and prepare for economic shocks.
IMF predicts steady 3.3% global growth, but less in Germany DW 01/17/2025India and China will lead global economic growth over the next two years, while the U.S. may benefit from a neoliberal approach under the new administration.
Debt will overshadow IMF gathering as World Bank boss pleads for poorest countriesGovernments must reduce mounting public debt levels to ensure economic stability and avoid future crises.
Behind the IMF's warning to Biden and Congress on deficit spendingThe IMF alarm about US fiscal slippages and growing public debt, impact on global economy. Costly servicing US debt increases with deficit spending.
Yellen Rebukes Chinese Lending Practices in Call for Debt ReliefYellen criticized China's lending practices and called for swift global debt relief for disadvantaged nations to support their development efforts.
The world's $100 trillion fiscal timebomb keeps tickingIMF urges global finance leaders to address rising public debt and prepare for economic shocks.
IMF predicts steady 3.3% global growth, but less in Germany DW 01/17/2025India and China will lead global economic growth over the next two years, while the U.S. may benefit from a neoliberal approach under the new administration.
Debt will overshadow IMF gathering as World Bank boss pleads for poorest countriesGovernments must reduce mounting public debt levels to ensure economic stability and avoid future crises.
Behind the IMF's warning to Biden and Congress on deficit spendingThe IMF alarm about US fiscal slippages and growing public debt, impact on global economy. Costly servicing US debt increases with deficit spending.
The IMF forecasts a sharp drop in inflation-but China's growth is set to slowThe global war against inflation has largely been won with minimal impact on economic growth.
Germany Avoids Recession, but Weak Growth Weighs on EuropeEurope's economic recovery remains sluggish, especially compared to the U.S., primarily due to structural weaknesses and the ongoing impact of the Ukraine war.
UK economy to grow by 1.6% this year after weaker-than-expected 2024 IMFThe Independent advocates for accessible journalism and real-time reporting on significant issues like reproductive rights and economic forecasts.
The IMF forecasts a sharp drop in inflation-but China's growth is set to slowThe global war against inflation has largely been won with minimal impact on economic growth.
Germany Avoids Recession, but Weak Growth Weighs on EuropeEurope's economic recovery remains sluggish, especially compared to the U.S., primarily due to structural weaknesses and the ongoing impact of the Ukraine war.
UK economy to grow by 1.6% this year after weaker-than-expected 2024 IMFThe Independent advocates for accessible journalism and real-time reporting on significant issues like reproductive rights and economic forecasts.
IMF's Gita Gopinath U.S. voters' view of inflationGita Gopinath highlighted the disconnect between perceived inflation impacts and the actual robustness of the global economy.
UK set to be the fastest growing European economy as IMF forecast gives Reeves boostThe IMF forecasts that the UK will be the fastest-growing major European economy over the next two years.
IMF promises Pakistan immediate' release of $1.1bn loan after key meetPakistan seeks $1.1bn IMF loan tranche for ailing economy, emphasizes need for deep reforms.
IMF's Gita Gopinath U.S. voters' view of inflationGita Gopinath highlighted the disconnect between perceived inflation impacts and the actual robustness of the global economy.
UK set to be the fastest growing European economy as IMF forecast gives Reeves boostThe IMF forecasts that the UK will be the fastest-growing major European economy over the next two years.
IMF promises Pakistan immediate' release of $1.1bn loan after key meetPakistan seeks $1.1bn IMF loan tranche for ailing economy, emphasizes need for deep reforms.
IMF, Egypt reach deal to unlock $1.2bn to shore up strained public financesEgypt reaches agreement with the IMF to unlock $1.2bn, contingent on fiscal reforms and divestment of state-owned firms.
Egypt raises fuel prices to lock in IMF loan trancheEgypt raises fuel prices by 15% to meet IMF demands and unlock loans.
IMF, Egypt reach deal to unlock $1.2bn to shore up strained public financesEgypt reaches agreement with the IMF to unlock $1.2bn, contingent on fiscal reforms and divestment of state-owned firms.
Egypt raises fuel prices to lock in IMF loan trancheEgypt raises fuel prices by 15% to meet IMF demands and unlock loans.
Donald Trump says he will probably' meet Volodymyr Zelenskiy next week Ukraine war liveThe IMF has postponed its mission to Moscow amid European criticism regarding its potential review of the Russian economy post-Ukraine invasion.
Ukraine war briefing: Belgorod under fire after OK for strikes with US weaponsAir raids declared in Belgorod after US-approved strikes near Ukraine border
Ukraine war briefing: IMF approves $1.1bn loan to UkraineUkraine receives $1.1bn from IMF amid ongoing conflict with Russia, totaling $9.8bn since March 2023.
IMF plan to visit Russia to assess economy prompts dismay across EuropeIMF's upcoming assessment of the Russian economy has incited strong backlash from European nations concerned about its implications for accountability post-invasion.
IMF postpones Russia visit after heavy criticism across EuropeIMF postpones Moscow mission amid European criticism over post-invasion engagement, reflecting reputational concerns and the complexities of international relations.
After 2 years of peddling Putin's propaganda, the IMF is returning to Russia in open defiance of the WestIMF's return to Russia indicates a troubling tolerance for authoritarian regimes and undermines international law, demanding urgent leadership changes within the organization.
Donald Trump says he will probably' meet Volodymyr Zelenskiy next week Ukraine war liveThe IMF has postponed its mission to Moscow amid European criticism regarding its potential review of the Russian economy post-Ukraine invasion.
Ukraine war briefing: Belgorod under fire after OK for strikes with US weaponsAir raids declared in Belgorod after US-approved strikes near Ukraine border
Ukraine war briefing: IMF approves $1.1bn loan to UkraineUkraine receives $1.1bn from IMF amid ongoing conflict with Russia, totaling $9.8bn since March 2023.
IMF plan to visit Russia to assess economy prompts dismay across EuropeIMF's upcoming assessment of the Russian economy has incited strong backlash from European nations concerned about its implications for accountability post-invasion.
IMF postpones Russia visit after heavy criticism across EuropeIMF postpones Moscow mission amid European criticism over post-invasion engagement, reflecting reputational concerns and the complexities of international relations.
After 2 years of peddling Putin's propaganda, the IMF is returning to Russia in open defiance of the WestIMF's return to Russia indicates a troubling tolerance for authoritarian regimes and undermines international law, demanding urgent leadership changes within the organization.
Spain court sentences ex-IMF chief to more than four years over corruptionRodrigo Rato was convicted of major financial crimes and sentenced to prison, with his case pending appeal.
The Global South's poor should not be subsidising the IMFThe IMF is worsening the global polycrisis by imposing unnecessary surcharges on indebted countries.
The IMF and the World Bank must be abolished to save the planetThe World Bank and IMF exacerbate the impact of climate disasters in the Global South, particularly in the Caribbean, calling for their abolition.
The Global South's poor should not be subsidising the IMFThe IMF is worsening the global polycrisis by imposing unnecessary surcharges on indebted countries.
The IMF and the World Bank must be abolished to save the planetThe World Bank and IMF exacerbate the impact of climate disasters in the Global South, particularly in the Caribbean, calling for their abolition.
IMF approves third review of Sri Lanka's $2.9bn bailout, but warns of risksThe IMF has approved $333m for Sri Lanka as economic recovery signs emerge, though challenges remain with debt restructuring.Sri Lanka's economy is stabilizing but remains vulnerable and requires further reforms.
Sri Lanka's new president faces a problem shared by too many developing countries: austerity imposed by the west | Ahilan KadirgamarSri Lanka is experiencing a significant political shift due to its severe economic crisis and subsequent protests, leading to a new presidency under Anura Kumara Dissanayake.
IMF approves third review of Sri Lanka's $2.9bn bailout, but warns of risksThe IMF has approved $333m for Sri Lanka as economic recovery signs emerge, though challenges remain with debt restructuring.Sri Lanka's economy is stabilizing but remains vulnerable and requires further reforms.
Sri Lanka's new president faces a problem shared by too many developing countries: austerity imposed by the west | Ahilan KadirgamarSri Lanka is experiencing a significant political shift due to its severe economic crisis and subsequent protests, leading to a new presidency under Anura Kumara Dissanayake.
Rachel Reeves accepts budget tax rises may impact wage increases UK politics liveThe IMF supports the UK budget's plan for fiscal responsibility, emphasizing sustainable revenue generation.
The IMF just raised its growth forecast for the US economy this year - but expects a slowdown in 2025IMF raised US growth forecast to 2.8% for 2024; projected decline to 2.2% in 2025 due to spending cuts and labor market cooling.
Yellen says world was 'worse off' under Trump-era isolationismThe U.S. economy's recovery is attributed to the Biden administration's approach against isolationism, opposed to Trump's policies.
The U.S. economy comes out on top, IMF forecastsThe U.S. economy is projected to grow 2.8% in 2024, the highest among G7 nations, solidifying recovery post-pandemic.
The IMF just raised its growth forecast for the US economy this year - but expects a slowdown in 2025IMF raised US growth forecast to 2.8% for 2024; projected decline to 2.2% in 2025 due to spending cuts and labor market cooling.
Yellen says world was 'worse off' under Trump-era isolationismThe U.S. economy's recovery is attributed to the Biden administration's approach against isolationism, opposed to Trump's policies.
The U.S. economy comes out on top, IMF forecastsThe U.S. economy is projected to grow 2.8% in 2024, the highest among G7 nations, solidifying recovery post-pandemic.
IMF chief: 'Africa deserves to be represented more fairly' DW 10/09/2024The IMF is committed to increasing Africa's representation and addressing its debt crisis through liquidity support, debt restructuring, and growth promotion.
Africa's debt crisis: The need for multilateral solutions DW 10/18/2024Many African countries are facing severe debt crises due to a combination of global economic factors, worsening governance, and local crises.Zambia and Ghana are emblematic of a wider trend of increasing national debt across Africa, exacerbated by COVID-19 and rising global costs.
IMF chief: 'Africa deserves to be represented more fairly' DW 10/09/2024The IMF is committed to increasing Africa's representation and addressing its debt crisis through liquidity support, debt restructuring, and growth promotion.
Africa's debt crisis: The need for multilateral solutions DW 10/18/2024Many African countries are facing severe debt crises due to a combination of global economic factors, worsening governance, and local crises.Zambia and Ghana are emblematic of a wider trend of increasing national debt across Africa, exacerbated by COVID-19 and rising global costs.
IMF loan offers Pakistan relief but long-term reforms remain a challengeThe IMF's $7bn loan is crucial for stabilizing Pakistan's economy, but essential reforms are necessary for long-term sustainability.
Is Pakistan's $7bn IMF bailout package in trouble?The delay in IMF loan approval raises concerns about Pakistan's economic stability and ongoing negotiations.Accusations suggest geopolitical factors may be influencing the IMF's decision-making process regarding Pakistan.
IMF loan offers Pakistan relief but long-term reforms remain a challengeThe IMF's $7bn loan is crucial for stabilizing Pakistan's economy, but essential reforms are necessary for long-term sustainability.
Is Pakistan's $7bn IMF bailout package in trouble?The delay in IMF loan approval raises concerns about Pakistan's economic stability and ongoing negotiations.Accusations suggest geopolitical factors may be influencing the IMF's decision-making process regarding Pakistan.
IMF Raises Alarm Over AI-Induced Labor Disruptions and Rising InequalityIMF urges proactive measures to address AI's impact on labor disruptions and inequality.
IMF chief warns of AI "tsunami" facing six in 10 jobsAI impact on labor market highlighted by IMF chief Georgieva, requiring swift preparation and adaptation.
IMF Raises Alarm Over AI-Induced Labor Disruptions and Rising InequalityIMF urges proactive measures to address AI's impact on labor disruptions and inequality.
IMF chief warns of AI "tsunami" facing six in 10 jobsAI impact on labor market highlighted by IMF chief Georgieva, requiring swift preparation and adaptation.
Beware risks of voter giveaways to public finances, countries facing elections toldThe IMF warns against pre-election voter giveaways to avoid risks to public finances.
IMF Demands Changes to El Salvador's Bitcoin law: ReportIMF demands changes to El Salvador's pro-Bitcoin law, impacting $1.4 billion credit line negotiations.
Ukraine war briefing: anti-Putin forces behind raids into Russia speak outKen Buck signed a petition to force a vote on Ukraine aid bill.International support for Ukraine: IMF aid and EU's plan to seize Russian assets.
Chancellor 'resist' spending cuts unless he can say where they will fall, IFS warnsJeremy Hunt considering tax cuts despite warnings from IFS and IMFIFS warns against more public spending cuts and calls for detailed spending plans before tax cuts
IMF reform is tricky: the US and China will need to work together | Barry EichengreenThe IMF, established 80 years ago, requires urgent reform, including providing alternative global liquidity sources, enhancing debt restructurings, fair surveillance policies, and leadership selection reforms.
IMF Says CBDCs Could Boost Middle East's Financial Inclusion, Payment EfficiencyCBDCs may not be essential, but can improve financial inclusion and reduce financial service costs.
IMF suggests tax on AI's CO2 emissions, but not AI itselfIMF proposes carbon tax on AI energy consumption to address economic impacts.