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YOU WONT BELIEVE: 8 - What They Never Told You

AP Interview: IMF chief urges targeted COVID policy in China

The head of the International Monetary Fund says it’s time for China to move away from mass lockdowns under its “zero-COVID” approach

The Independent UK

G20’s dysfunctional family show little sign of working together in a crisis

Communique unlikely to stretch beyond usual platitudes despite the need for a global plan for recovery

The Guardian - UK

Saudi Crown Prince Holds Talks with UAE President, IMF Managing Director at G20 Summit

Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud, who is leading the Kingdom’s delegation to the G20 Leaders Summit in Bali, met on Tuesday on the sidelines of the event with President of the UAE Sheikh Mohammed bin Zayed Al Nahyan. During the meeting, the leaders exchanged friendly…

Asharq Al-Awsat

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At G20, divisions hinder bid to blame Russia for inflation crisis

US push to blame Russia’s war in Ukraine for cost-of-living crisis comes amid divisions within economic forum.

Al Jazeera

IMF chief warns on U.S.-China rivalry, calls Trump-era tariffs counterproductive

The head of the International Monetary Fund warned of risks to the global economy from the rivalry between China and the United States, while describing tariffs put on Chinese imports under then-President Donald Trump as counterproductive.

Reuters

‘It’s very possible we are peaking’: IMF managing director says global inflation could soon be going down, while economist Paul Krugman says in the U.S. it might already be at 4%

Declines in rental prices and slowing wage growth could mean inflation is past its peak, but not everyone agrees.

Fortune

Global inflation may be close to its peak, IMF director says

Kristalina Georgieva cautions that supply chain disruption could cause persistent pressure in living costs

The Guardian - UK

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COP27: What are they saying at the climate summit?

World leaders, policymakers and delegates from nearly 200 countries are at the COP27 U.N. climate summit in Egypt, where they hope to keep alive a goal to avert the worst impacts of climate change.

Reuters

COP27... A Climate Summit with an Economic Spirit

The economy appears to be at the heart of problems and solutions to the world’s climate crisis as the COP27 UN Climate Change Conference got underway in Egypt’s Sharm el-Sheikh on Sunday. As the world rushed towards industrialization at the onset of the 20th century, it drove unwanted gases into…

Asharq Al-Awsat

Pounds slips against dollar as Rishi Sunak delays Budget

Sterling still performing better than during Liz Truss’s disastrous tenure as prime minister

The Independent UK

Russian bombings of civilian infrastructure raise cost of Ukraine's recovery: IMF

Russia's latest strikes on civilian infrastructure have raised the cost of Ukraine's recovery and could see it needing close to $4 billion a month just to keep power and water supplies going, the head of the International Monetary Fund said on Wednesday.

Reuters

World Bank says Ukraine has tenfold increase in poverty due to war

Russia's attacks on civilian infrastructure in Ukrainian cities away from the front lines will complicate the dire economic situation facing the country, which has already seen a tenfold increase in poverty this year, a top World Bank official said on Saturday.

Reuters

IMF meetings have exposed the fragmentation of the global economy

Countries have responded to a series of shocks by looking out for themselves, which could increase volatility and uncertainty

The Guardian - UK

Georgieva to meet with Egypt, Tunisia, confident of IMF 'backing them up'

International Monetary Fund chief Kristalina Georgieva said she would meet on Saturday with delegations from Egypt and Tunisia and was confident the global lender would be "backing them up."

Reuters

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The Guardian - UK

Kwasi Kwarteng: how ex-chancellor’s fate was sealed by IMF orthodoxy he fought against

Former occupant of No 11 Downing Street finally sacked after financial institution chief’s remarks in Washington

Reuters

IMF chief Georgieva says 'big policy issues' resolved in talks with Egypt

International Monetary Fund officials have resolved all "big policy issues" with Egyptian authorities in their discussions on a new lending program, and will meet again on Saturday, IMF Managing Director Kristalina Georgieva said Friday.

Asharq Al-Awsat

IMF Sees Middle East Growth at 5%

The Middle East is projected to grow at five percent this year, up from 4.1 percent in 2021.

Al Jazeera

IMF chief rebukes UK officials over ‘policy coherence’

Kristalina Georgieva told UK’s finance minister and central bank chief that their policies should not be contradictory.

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The National (Scotland)

Kwasi Kwarteng says he's not resigning as Chancellor despite 'inevitable' U-turn reports

KWASI Kwarteng appeared not to rule out a U-turn on corporation tax amid growing pressure to abandon more elements of the mini-budget that have…

The Independent UK

‘Desperate’ Liz Truss set to U-turn on corporation tax this weekend

‘Don’t prolong the pain’: IMF suggests government should accept swift climbdown

The Independent UK

Don’t wait for ‘inevitable’ U-turn on mini-Budget, George Osborne tells Liz Truss

Chances needed now, suggests former chancellor – as Priti Patel says ‘market forces’ could force reversal

The Times of India

India will leave a mark on the world for years to come, says IMF MD

WASHINGTON: Amid rising geopolitical pressures and uncertainty surrounding the world, the International Monetary Fund's (IMF) managing director Kristalina Georgieva on Thursday said that the Indian economy will make a mark on the world for years to come.

Wales Online

Pressure on Truss and Kwarteng to announce more U-turns as IMF hints at need for 'recalibration of policies'

IMF leaders also had a 'constructive' meeting with Kwarteng

Evening Standard

Chancellor Kwasi Kwarteng refuses to rule out corporation tax U-turn amid mini-budget mayhem

Kwasi Kwarteng refused on Thursday to rule out another humiliating U-turn - this time on corporation tax - and stressed he was not about to quit as Chancellor.

The Independent UK

Expectations of imminent Truss U-turn on corporation tax

Rebuke for Kwasi Kwarteng’s budget from IMF boss in New York

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