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IMF Upgrades Ghana's Debt Distress Risk to Moderate
Businessmyjoyonline1d ago

IMF Upgrades Ghana's Debt Distress Risk to Moderate

The International Monetary Fund (IMF) has upgraded Ghana's risk of debt distress to moderate, attributing the improvement to continuing macroeconomic and exchange rate stability and a clearer fiscal outlook, as stated in its Country Report on Ghana.

Hungary Replaces Representative at IMF
Politicstelex2d ago

Hungary Replaces Representative at IMF

Magyar Péter has dismissed Márton Nagy from his position at the International Monetary Fund (IMF) and appointed András Kármán as the new deputy governor representing Hungary. This move signifies a change in Hungary's representation within the international financial institution.

IMF Backs Slower Fiscal Tightening for Ghana
Politicsmyjoyonline3d ago

IMF Backs Slower Fiscal Tightening for Ghana

The International Monetary Fund (IMF) supports a more flexible fiscal approach for Ghana from 2027, allowing for increased development spending while still meeting long-term debt reduction goals.

Gideon Boako Urges Ghana Government Reforms Citing IMF Report
Politicsmyjoyonline3d ago

Gideon Boako Urges Ghana Government Reforms Citing IMF Report

Dr. Gideon Boako, Deputy Ranking Member of Parliament’s Finance Committee, invoked the International Monetary Fund’s (IMF) latest assessment of Ghana’s economy to press the government on the need for reforms, stating that 'stability is not development'.

Ghana's Youth Unemployment Remains High at 30%
Businessmyjoyonline3d ago

Ghana's Youth Unemployment Remains High at 30%

Youth unemployment in Ghana continues to be stubbornly high at approximately 30%, while the World Bank estimates poverty (measured at $3 a day) modestly declined to 37.1% in 2025, reflecting disinflation and growth in agriculture and services.

Gideon Boako Questions Government's Economic Resilience Claims
Politicsmyjoyonline5d ago

Gideon Boako Questions Government's Economic Resilience Claims

Gideon Boako has questioned the government's claims of economic resilience following Ghana's exit from the IMF program, arguing that fiscal consolidation measures have suppressed development. He highlighted concerns about the impact on the nation's economic growth.

Ukraine Strikes Russian Targets, Including Wildberries Warehouse and Energy Infrastructure
WorldAPReutersle-monde+35The GuardianAl Jazeeracnbcruvukrainska-pravdafazle-figarolsm-lv+27 more5d ago38 sources

Ukraine Strikes Russian Targets, Including Wildberries Warehouse and Energy Infrastructure

Ukraine launched drone attacks on multiple Russian targets, including a Wildberries warehouse in the Vladimir region and a technological university, while Russia simultaneously attacked energy infrastructure in six Ukrainian regions. These strikes resulted in casualties and widespread power outages.

Diverse Political and Economic Discussions Across Europe
Worldbloombergfazaftonbladet+21der-standardFrance 24irozhlasorfrzeczpospolitatelextvn24die-presse+13 more13d ago24 sources

Diverse Political and Economic Discussions Across Europe

Various political and economic topics are being discussed across Europe, including potential full-scale conflict with Iran, calls for resistance from Hungarian leaders, and debates on EU regulations for online marketplaces and Ukraine's accession.

IMF Commends Italy's Fiscal Progress, Urges Acceleration
BusinessANSA15d ago

IMF Commends Italy's Fiscal Progress, Urges Acceleration

The International Monetary Fund (IMF) has commended Italy's progress on fiscal consolidation but urged the country to accelerate its efforts. The IMF's assessment highlights both achievements and areas for further improvement in Italy's economic policies.

Ghana Nears IMF Exit as Fiscal Targets Are Met
Businessmyjoyonline15d ago

Ghana Nears IMF Exit as Fiscal Targets Are Met

Ghana is on track to exit its IMF bailout program next week, with Finance Minister Ato Forson crediting the country's economic recovery to superior economic management and the achievement of fiscal targets. The IMF Executive Board is expected to approve Ghana's final review soon.

Swiss Cantons Warn Travelers About Invasive Japanese Beetle
World20-minuten17d ago

Swiss Cantons Warn Travelers About Invasive Japanese Beetle

The cantons of Basel-Stadt and Basel-Landschaft are warning holiday returnees to thoroughly check their luggage and cars for the invasive Japanese beetle. The beetle is currently in its main flight period, posing a risk of being brought into Switzerland.

IMF to Disburse $690 Million Loan to Ukraine
Worldruvukrainska-pravdaorf+3tvn24delfi-ltukrinform18d ago6 sources

IMF to Disburse $690 Million Loan to Ukraine

The International Monetary Fund (IMF) is set to disburse approximately $690 million to Ukraine in the coming days. This loan will provide crucial financial support to the country.

Commentary on Financial Risks of New Technologies
Businesscapital-bg18d ago

Commentary on Financial Risks of New Technologies

Barry Eichengreen, a professor of economics and political science at UC Berkeley and former IMF senior policy advisor, provides a commentary on the financial implications and market security of radical new technological advancements.

IMF Lowers Global Growth Outlook Citing War in Iran
Politicscyprus-mail29d ago

IMF Lowers Global Growth Outlook Citing War in Iran

The International Monetary Fund (IMF) has revised its 2026 global economic growth forecast downwards, citing the ongoing war in Iran as a primary reason for the adjustment, now expecting global growth to reach 3.0 percent.

BusinessMexico News29d ago

IMF Lowers Mexico's Economic Forecast

The International Monetary Fund has reduced its economic forecast for Mexico, citing global uncertainties and the Middle East conflict, a move immediately challenged by Economy Minister Edgar Amador.

IMF: Connectivity, Reforms Key to Expanding GCC-Central Asia Trade
Worldastana-times1mo ago

IMF: Connectivity, Reforms Key to Expanding GCC-Central Asia Trade

The International Monetary Fund (IMF) states that trade and investment between the Gulf Cooperation Council (GCC) and countries in the Caucasus and Central Asia (CCA) remain below their potential, emphasizing that improved connectivity and reforms are key to expansion.

IMF Maintains Low Global Growth Forecast Amidst Middle East Risks
BusinessNYTFTThe Guardian+26fazberlingskele-figarolsm-lvSCMPder-standardFrance 24die-presse+18 more1mo ago29 sources

IMF Maintains Low Global Growth Forecast Amidst Middle East Risks

The International Monetary Fund (IMF) has reiterated its low global growth forecast, keeping it at 3.5% for 2026, and continues to warn of heightened price volatility due to renewed conflict in the Middle East. This follows an earlier reduction of its 2026 forecast to 3%, citing lingering risks from geopolitical factors and anticipating weaker growth in Germany.

Businesspublico1mo ago

Portuguese Banking System Deemed Resilient by IMF

The International Monetary Fund (IMF) has concluded that the Portuguese financial system is solid and capable of withstanding even severe adverse scenarios. This assessment highlights the resilience of Portuguese banks as a national strategic asset.

WorldFT1mo ago

IMF Joins Backlash Against Opaque Debt, Targets Nigeria

The International Monetary Fund (IMF) is reportedly joining a backlash against opaque debt practices, specifically targeting Nigeria with a crackdown on total return swaps, which are seen as undermining efforts for greater transparency in emerging market sovereign debt.

Commentary on IMF's Role in National Economies
Politicsmyjoyonline1d ago

Commentary on IMF's Role in National Economies

This article discusses the role of the IMF, arguing that it should not become a permanent fixture in a nation's economic health, drawing an analogy to a family living permanently in an emergency ward.

Liepāja Symphony Orchestra's 'Rimbenieks' Festival
Culturelsm-lv2d ago

Liepāja Symphony Orchestra's 'Rimbenieks' Festival

The Liepāja Symphony Orchestra musicians are embarking on their sixth annual musical journey through the South Kurzeme region with the 'Rimbenieks' festival, a recognized cultural event aiming to bring high-quality classical music to the area.

IMF Report Reveals Bank of Ghana's $1.7 Billion Gold Purchase Losses
Worldmyjoyonline3d ago

IMF Report Reveals Bank of Ghana's $1.7 Billion Gold Purchase Losses

An IMF report has revealed that the Bank of Ghana incurred $1.7 billion in losses from its gold purchase program, a figure eight times higher than the previously reported $214 million. Gideon Boako has cited the report and questioned GoldBod about these significant losses.

Ghana Lost $11.4 Billion to Gold Smuggling, IMF Reports
Worldmyjoyonline3d ago

Ghana Lost $11.4 Billion to Gold Smuggling, IMF Reports

According to an IMF Ghana Selected Issues Paper, Ghana lost an estimated US$11.4 billion in gold due to smuggling activities between 2019 and 2024. The report was prepared as background documentation for Ghana's 2026 Article IV Consultation.

IMF Urges Guyana to Resolve Exxon Cost-Oil Disputes
Politicsjamaica-gleaner5d ago

IMF Urges Guyana to Resolve Exxon Cost-Oil Disputes

The International Monetary Fund (IMF) has called on Guyana to resolve its cost-oil disputes with Exxon and strengthen oversight of the oil sector. This recommendation aims to improve financial transparency and management.

Deadly Clashes and Arrests Escalate in West Bank
WorldwapoThe GuardianAl Jazeera+33yle-uutisetcbcruvaftonbladetberlingskele-figaroFrance 24orf+25 more13d ago36 sources

Deadly Clashes and Arrests Escalate in West Bank

Deadly violence has escalated in the West Bank, with clashes between Israeli settlers and Palestinians resulting in multiple fatalities and injuries. Following a deadly shooting and an attack on an off-duty soldier, Israeli forces conducted extensive operations, arresting over 70 terror suspects.

Turkey's Economic Plan to Benefit from War Against Iran
Businesscapital-bg14d ago

Turkey's Economic Plan to Benefit from War Against Iran

Turkey is reportedly developing an economic plan to capitalize on a potential war against Iran, which the IMF estimates has already caused $600 billion in damages to Iran and led to 7% job losses. This strategy aims to benefit from the economic fallout in the region.

Russian Missile Strike on Kyiv Region Defense Event Kills 10, Injures 100
WorldBBCNYTFT+47Al Jazeerayle-uutisetcnbcruvukrainska-pravdaaftonbladetberlingskele-figaro+39 more15d ago50 sources

Russian Missile Strike on Kyiv Region Defense Event Kills 10, Injures 100

A Russian ballistic missile strike on a private training ground near Kyiv, where a defense event was taking place, resulted in 10 deaths and approximately 100 injuries. Ukraine has launched an investigation into the deadly attack.

Ato Forson Defends Ghana's IMF Program and Fiscal Discipline
Politicsmyjoyonline15d ago

Ato Forson Defends Ghana's IMF Program and Fiscal Discipline

Ghana's Finance Minister, Ato Forson, defended the government's adherence to IMF program targets and emphasized the need for fiscal discipline to prevent economic collapse. He also announced that the Women's Development Bank is set to begin operations before the end of 2026.

Ghana Seeks New $1 Billion Loans Weeks After Exiting IMF Program
Financemyjoyonline17d ago

Ghana Seeks New $1 Billion Loans Weeks After Exiting IMF Program

Ghana's Mahama administration is seeking parliamentary approval for nearly $1 billion in fresh loans, just nine weeks after the country exited its International Monetary Fund (IMF) Extended Credit Facility (ECF) programme, prompting questions about its fiscal strategy.

Venezuela Earthquake Death Toll Exceeds 5,000; IMF Releases Aid
Worldle-mondeAl Jazeerafaz+6aftonbladetpublicodeloaktuality-skmkd-mkzerohedge20d ago9 sources

Venezuela Earthquake Death Toll Exceeds 5,000; IMF Releases Aid

The death toll from the recent earthquake in Venezuela has surpassed 5,000, with thousands more displaced and 50,000 still missing. In response to the disaster, the International Monetary Fund has released emergency aid to the affected nation.

China's Xi Jinping Calls for Open Global AI Governance, Challenges US Dominance
TechnologybloombergNYTNPR+18fazDWle-figaroSCMPder-standardFrance 24die-pressedigi24+10 more22d ago21 sources

China's Xi Jinping Calls for Open Global AI Governance, Challenges US Dominance

Chinese President Xi Jinping advocated for an open and fair global AI governance system, emphasizing that no single country should dominate the technology. He also called for international cooperation and support for developing nations in the AI sector, implicitly challenging US leadership and restrictions on China's tech access.

O besmrtnosti muzike i duha
Culture22d ago

O besmrtnosti muzike i duha

MUZIČKA KRITIKA: Nastup Akademskog hora Ivan Goran Kovačić iz Zagreba, uz Bokeljski simfonijski orkestar na svečanom otvaranju jubilarnog KotorArta

IMF Raises GDP Growth Forecasts for Thailand and Poland
WorldrzeczpospolitaBangkok Post29d ago2 sources

IMF Raises GDP Growth Forecasts for Thailand and Poland

The International Monetary Fund (IMF) has revised its GDP growth forecasts upwards for both Thailand and Poland. This indicates a more optimistic outlook for the economic performance of these two countries.

IMF Lowers Global Economic Growth Forecast Due to Iran War
Worldn1-serbiadanasvijesti-me1mo ago3 sources

IMF Lowers Global Economic Growth Forecast Due to Iran War

The International Monetary Fund (IMF) has revised its global economic growth forecast down to three percent, attributing the reduction to the ongoing conflict in Iran. This represents a decline from previously planned projections.

Strait of Hormuz Tensions Escalate, Impacting Shipping, Oil Markets, and Global Economy
Worldindian-expressn1-bih1mo ago2 sources

Strait of Hormuz Tensions Escalate, Impacting Shipping, Oil Markets, and Global Economy

Nearly 6,000 seafarers are trapped in the Strait of Hormuz, prompting calls for de-escalation. The ongoing flare-up, marked by attacks on tankers and US military actions in Iran, has put the oil market on edge, caused oil prices to rise, and led to a drop in crypto prices. Speculators predict normal traffic flows may not resume until 2027, with the IMF warning of lasting inflation scars on the US economy through 2027 due to the conflict.

Bolivian Protests End, Government Seeks Economic Solutions
Politicsnzz1mo ago

Bolivian Protests End, Government Seeks Economic Solutions

After seven weeks of sometimes violent protests, the unrest in Bolivia has temporarily ceased. The center-right government of President Rodrigo Paz is now searching for solutions to the country's dire economic situation, with an unpopular agreement with the IMF being considered.

Romania's Unemployment Rate Exceeds IMF Target for 2026
Businesshotnews1mo ago

Romania's Unemployment Rate Exceeds IMF Target for 2026

Romania's unemployment rate rose to 6.4% in May 2026, a 0.1 percentage point increase from April, already surpassing the target set by the IMF for the entire year 2026, with 10,000 more unemployed individuals than the previous month.

IMF Warns Ghana of Elevated Financing Needs
Businessmyjoyonline1d ago

IMF Warns Ghana of Elevated Financing Needs

The International Monetary Fund has cautioned Ghana about its high financing needs, citing a heavy reliance on treasury bills and significant rollover requirements in 2027-28, according to its Country Report.

Ghana's IMF-Backed Revenue Reforms Deemed to Be Failing
Businessmyjoyonline4d ago

Ghana's IMF-Backed Revenue Reforms Deemed to Be Failing

Economist Professor Godfred Alufar Bokpin states that Ghana's International Monetary Fund (IMF)-backed reforms have not delivered the anticipated structural improvements in domestic revenue collection. This assessment suggests the reforms are failing their intended purpose.

Politicsbloomberg8d ago

Egypt Secures $1.8 Billion IMF Payout

Egypt has unlocked approximately $1.8 billion in financing from the International Monetary Fund after successfully completing the penultimate review of its expanded program.

Venezuela Seeks IMF Funds for Recovery Plan
Financeobservador9d ago

Venezuela Seeks IMF Funds for Recovery Plan

Delcy Rodríguez is in discussions with the International Monetary Fund to secure financing for Venezuela's 'Venezuela Renasce' recovery plan, announcing access to $346 million from the fund.

US-Iran De-escalation Hopes Rise Amid Talks and Netanyahu-Trump Meeting
WorldBBCbloombergNYT+62FTAl JazeeraFox Newscbccnbchelsingin-sanomatruvfaz+54 more11d ago65 sources

US-Iran De-escalation Hopes Rise Amid Talks and Netanyahu-Trump Meeting

Hopes for de-escalation in US-Iran hostilities have increased following reports of ongoing talks and a meeting between Israeli Prime Minister Netanyahu and President Trump, where Iran was a primary agenda item, leading to a drop in oil prices.

IMF Urges Central Banks to Strengthen AI Governance
Businessvanguard-ng12d ago

IMF Urges Central Banks to Strengthen AI Governance

The International Monetary Fund has called on central banks and financial regulators to enhance governance frameworks for Artificial Intelligence. This recommendation aims to mitigate financial risks associated with the rapid adoption of AI technology.

IMF Warns Tokenisation Could Reshape Global Finance
Businesscyprus-mail13d ago

IMF Warns Tokenisation Could Reshape Global Finance

The International Monetary Fund (IMF) has cautioned that the rapid development of tokenized finance could either strengthen the global financial system or introduce new instabilities, depending on policy decisions.

IMF Warns Italy on Economic Measures Amid Gulf Crisis
Politicsla-repubblica15d ago

IMF Warns Italy on Economic Measures Amid Gulf Crisis

The International Monetary Fund (IMF) has issued a warning to Italy, urging targeted and temporary measures to counter the economic effects of the Gulf crisis, noting the country's reduced but still high public debt and 2.9% inflation.

Businesspunch-ng17d ago

IMF: AI Could Boost Nigeria's GDP by 4%

The International Monetary Fund (IMF) reports that Artificial Intelligence has the potential to increase Nigeria’s GDP by 4% over the next decade, provided there is strategic investment in digital infrastructure, skills development, and governance.

IMF Forecasts Global Economic Outlook, Mentions Robots and Trump
Businessn1-serbia19d ago

IMF Forecasts Global Economic Outlook, Mentions Robots and Trump

The International Monetary Fund's extensive reports on the global economy for the past and current year highlight several common denominators, noting that robots have the best chance of surviving Trump's impact. The reports identify major sources of global economic shocks.

Venezuela Earthquake Death Toll Exceeds 5,000; IMF Approves Recovery Funds
Worldruvtagesschauaftonbladet+22berlingskele-figarosvenska-dagbladetder-standardFrance 24irozhlasNHK Worlddelfi-lt+14 more21d ago25 sources

Venezuela Earthquake Death Toll Exceeds 5,000; IMF Approves Recovery Funds

The death toll from recent earthquakes in Venezuela has surpassed 5,000, with thousands more reported missing and homeless. In response to the disaster, the International Monetary Fund (IMF) has approved $346 million in recovery funds for the country.

Andy Burnham Becomes Labour Leader, Vows New Direction for UK
PoliticsBBCbloombergNYT+63FTle-mondeThe GuardianAl Jazeeranrknzzyle-uutisetcbc+55 more21d ago66 sources

Andy Burnham Becomes Labour Leader, Vows New Direction for UK

Andy Burnham has been elected as the new leader of the Labour Party, with many articles speculating on his potential to become the next Prime Minister. He has vowed to bring back hope and set a new direction for the UK, emphasizing social justice.

Politicsbalkan-web25d ago

IMF warns Europe about public debt risk

The International Monetary Fund (IMF) has warned that the dynamics of public debt in Europe could spiral out of control if governments do not take immediate and comprehensive measures to stabilize public finances.

Serbian Economic Measures Signal Upcoming Elections
Worldn1-serbia29d ago

Serbian Economic Measures Signal Upcoming Elections

Ivan Radak, editor-in-chief of Forbes Serbia, stated that announced one-off payments to pensioners and potential payments to adults indicate that elections are imminent, and the IMF lacks mechanisms to prevent these measures.

Ukraine Strikes Key Power Grid Facility in Crimea
Politicsukrinform1mo ago

Ukraine Strikes Key Power Grid Facility in Crimea

Ukraine's Unmanned Systems Forces conducted a successful coordinated strike on the 330-kilovolt Simferopolska electrical substation in temporarily occupied Crimea on the night of July 6, a key facility in the main power transmission network.

Nigerian Government Denies N8 Trillion Off-Budget Spending Allegations
Politicspunch-ngvanguard-ng1mo ago2 sources

Nigerian Government Denies N8 Trillion Off-Budget Spending Allegations

The Nigerian Federal Government has denied claims of spending N8 trillion outside the budget, stating that the allegations misrepresent an IMF report. Opposition figures, including Peter Obi and Atiku Abubakar, have demanded accountability and a probe into the alleged off-budget spending.

Montenegro and IMF Affirm Strong Cooperation on Reforms
Politicscdm-me1mo ago

Montenegro and IMF Affirm Strong Cooperation on Reforms

Montenegro's Minister of Finance, Novica Vuković, met with Jeff Dunforth, the head of the International Monetary Fund mission for Montenegro, and his team. The meeting reaffirmed the continuation of strong and substantive cooperation aimed at achieving visible economic results.