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YOU WONT BELIEVE: International monetary fund | Mind Blowing Facts

Finance survived the quantum threat by preparing early. Mythos won't make it so easy

Anthropic's Claude Mythos model has put a new item on the agenda for business-critical technology.

TechRadar

Development banks must evolve

Multilateral development banks (MDBs), chief among them the World Bank, were established to provide capital to developing countries that couldn't raise it at home or on affordable terms abroad. For decades, they filled that gap. But as more countries move from low- to middle-income status (according to the World Bank's…

Bangkok Post

IMF chief says no global slowdown in sight yet, but risks are high

The global economy is holding strong despite the Middle East war. Commodity prices and inflation have risen, but a global slowdown is not yet evident. The IMF chief noted a recent agreement to reopen the Strait of Hormuz. An updated economic forecast is due soon. The IMF previously outlined scenarios…

The Economic Times

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Global uncertainty is the new normal. Here’s why institutional legitimacy and resilience is crucial

The world has never had more data, more models, or more economists. It has rarely felt more out of control. Uncertainty, not risk, has become the defining condition of our era. Central bankers invoke it. Political leaders use it to defer decisions and justify extraordinary decisions. Academics are struggling to…

The Conversation

India introduces PPI for goods and services, begins shift from WPI

India has launched Producer Price Index data for goods and services. This move aims to provide a clearer picture of price changes from a producer's viewpoint. The government plans to phase out Wholesale Price Index numbers within five years. This aligns with international practices and IMF recommendations. The new PPI…

The Economic Times

The passion and resurrection of Kaja Kallas

In her weekly newsletter, Euronews’ Europe editor Maria Tadeo reports on the week from hell for the EU’s top diplomat and her plan to salvage the European diplomatic service, plus Pope Leo’s apostolic journey in Spain and the Eurogroup meeting in Luxembourg.

Euronews

Pakistan budget raises defence spending, squeezes development to meet IMF goals

Finance Minister Muhammad Aurangzeb told parliament the government would allocate 3 trillion rupees for defence in the fiscal year starting July, up 18% from the outgoing year, while setting federal development spending at 1 trillion rupees.

The Economic Times

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Newsletter: EU’s historic migration overhaul enters into force

In this newsletter: Exclusive interviews with IMF Managing Director Kristalina Georgieva and the European Commissioner for Migration Magnus Brunner.

Euronews

Russia 'lost standing’ despite ‘a breather’ from higher oil prices, IMF chief says

While Russia has emerged as one of the very few winners from the recent disruptions to the global oil market amid the Iran war, this is not enough to offset the hit of sanctions and isolation, the managing director of the International Monetary Fund (IMF) told Euronews.

Euronews

IMF cuts eurozone growth forecasts again on energy inflation risks

The International Monetary Fund has issued a stark warning. The ongoing Middle East conflict is impacting eurozone growth more than previously anticipated. Energy price surges are expected to slow economic expansion. Inflation is also projected to climb higher. Consumer confidence may weaken, leading to reduced spending.

The Economic Times

IMF warns against further relaxation of euro area fiscal rules

The IMF has urged euro area countries to tighten their fiscal policies rather than relaxing them further in response to the energy crisis, with an extra adjustment effort required from high-debt nations.

Euronews

Saudi economy redraws ambitions—‘going local’ is the new buzz phrase

After a decade of dizzying investments, Saudi Arabia is now focused on domestic priorities.

Fortune

IMF approves $A231m in funding for Papua New Guinea

The International Monetary Fund sees growth in Papua New Guinea easing to 3.8 per cent in ‌2026 from an estimated 5.6 per cent in 2025.

AAP

When global trade becomes a weapon, how can African economies protect themselves?

“Today, everyone recognises that trade is as much a security issue as an economic one.”

The Conversation

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The Guardian - UK

A good life for the 99% isn’t a pipe dream: it can be done. Here’s how

Our plan is radical – but by transforming how we live on a finite planet, nearly everyone gains, says Thomas Piketty and researchers from the World Inequality Lab

Fortune

OECD warns of 'scarring effects,' recession scenarios—but finds 'no signs of widespread labour displacement' from AI

The real problem for AI adoption, the global body says: "a lack of workers with digital skills emerging as a barrier to the adoption of AI technologies."

The Economic Times

Fuel price shield helping India and consumers to tackle West Asia crisis: Gita Gopinath

India is already cushioning the economy from the West Asia crisis. Gita Gopinath, former IMF Deputy Managing Director, states the government is limiting fuel price hikes. This acts as an implicit subsidy. She advises more targeted support for vulnerable households and businesses instead of broad fuel subsidies. This approach helps…

International Business Times

OECD Cuts Global Growth Outlook As U.S.-Iran War Weighs On Economy, Energy Markets

The global economy is expected to slow this year as the fallout from the U.S.-Iran war continues to ripple through energy markets, trade routes and investment activity, according to the OECD.

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The Economic Times

Elevated oil prices could drag India's growth to 6%, below IMF forecast of 6.5%: Gita Gopinath

Elevated oil prices could slow India's economic growth to around 6%, according to former IMF official Gita Gopinath. She warned that prolonged West Asian tensions could further impact global growth and India's prospects. Gopinath emphasized supply-side reforms, renewable energy, and improving ease of doing business to boost investment and strengthen…

The Economic Times

RBI to hold rate on Friday, future hike will depend on inflation data: Gita Gopinath

The Reserve Bank of India (RBI) is likely to keep interest rates unchanged in the near term and adopt a data-dependent approach before taking any future policy action, according to Gita Gopinath, former First Deputy Managing Director of the International Monetary Fund (IMF).

Radio France Internationale

Faye appoints cabinet despite Sonko's Pastef boycott threat

Senegal's President Bassirou Diomaye Faye has appointed a new government, despite an initial threat by his own party to boycott the process. Pastef, led by former prime minister Ousmane Sonko, said it would not participate, citing disagreements over the cabinet's composition, but five of its members ultimately appeared on the…

Euronews

European Commission responds to Italy's call for energy cost relief flexibility

The measures indirectly address Italy's request that the Commission relax its fiscal rules to allow member states to tackle rising energy prices without incurring excessive debt and risking penalties.

The Times of India

Debt, inflation & IMF dependence: Pakistan is still spending $900,000 every month on US lobbying

Pakistan is spending heavily on lobbying in the United States. This occurs as the nation faces economic difficulties and water scarcity. The country also deals with rising fuel costs. FARA filings reveal extensive efforts to influence Washington. This includes security, trade, and diplomatic outreach. The lobbying intensified during military tensions…

The Economic Times

India's CPI inflation expected to rise to 4.8% with crude oil averaging USD 90/bbl in FY27: Report

Forecasts indicate that by FY27, India’s inflation could hit 4.8%, driven by crude oil prices projected at USD 90 per barrel. Factors such as the ongoing conflict in West Asia and a less favorable monsoon outlook are pivotal. Economic growth might taper to 6.3%, with both fiscal and current account…

Kiplinger

Should You Split Your Retirement Accounts to Reduce Cyber Risk?

AI and cyber threats to brokerages are growing. Will keeping your retirement funds in two or more institutions lessen your risk of getting wiped out?

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