YOU WONT BELIEVE: International monetary fund | Mind Blowing Facts

We’re not in a cost-of-living crisis — yet

The U.S. appears to stand at the edge of a crisis. But it is under financial pressure, no doubt.

Fortune · Oct 31

India’s forex reserves fall $1.2 billion to $719.74 billion as of October 24

India’s foreign exchange reserves fell by $1.2 billion to $719.74 billion in the week ended October 24, according to the RBI. The decline followed a sharper $5 billion drop in the previous week, when reserves stood at $721.02 billion, indicating continued pressure on the country's foreign exchange kitty.

The Economic Times · Oct 30

Rupee rises 33 paise to close at 94.93 against US dollar

The rupee closed at 94.93 against the US dollar, marking a gain of 33 paise. Positive trends in domestic markets contributed to this improvement, despite elevated crude oil prices. Foreign Institutional Investors sold equities worth Rs 943.60 crore on a net basis. The IMF advocated for exchange rate flexibility in…

The Economic Times · Oct 30

ECB President Christine Lagarde to step down next February, months before her mandate ends

Christine Lagarde will step down on 7 February 2027, around nine months before the end of her eight-year term, the European Central Bank announced on Thursday, hours before it kept interest rates on hold at 2.5%.

Euronews · Oct 29

IMF proposes China’s Min Liao as deputy managing director, Bo Li to exit in November

The International Monetary Fund has nominated Min Liao, China’s Vice Minister of Finance, for Deputy Managing Director. His appointment follows the term expiration of Bo Li, which ends on November 30, 2026. Liao has extensive experience in financial regulation and macroeconomic governance, contributing to global economic policy coordination. He has…

The Economic Times · Oct 29

What Brazil's Crypto Deadline, Colombia's Shelved Bill, and Argentina's Banking Ban Reveal About Latin America's $593 Billion Digital Economy

Brazil's licensing deadline is widening regulatory differences across Latin America, where El Salvador, Argentina and Colombia are pursuing sharply different approaches to crypto oversight and market access.

Latin Times · Oct 28

African countries face rising economic risks: six ways they can navigate global uncertainty

The current global economic situation is confusing. On the one hand it’s characterised by inflation, and food and other critical supply shortages caused by the wars in Ukraine and the Gulf states. On the other, by optimism and economic growth caused by the boom in AI investments.

The Conversation · Oct 28

Fact check: UK forecast to have third-fastest growth in G7 this year

Prime Minister Andy Burnham has suggested the nation has the joint-fastest.

Evening Standard · Oct 27

Is France in 2026, Greece in 2009?

France’s ten-year government bond yield reached 5% last week, its highest level in more than two decades. The extra interest it pays over Germany – the “spread” investors use to gauge French-specific risk – has widened dramatically. Parliament is wrestling with a 2027 budget requiring €54 billion in fiscal measures,…

The Conversation · Oct 27

What is the state of the UK economy heading into the Budget?

The Budget comes on the back of another year of economic upheaval, particularly linked to the ongoing conflict in the Middle East.

Evening Standard · Oct 27