The Latest Breaking News from International Monetary Fund

While we shouldn’t read too much into the Brics expansion, the geopolitical landscape is shifting

US and EU concerned with state of Tunisia’s democracy but will ultimately retain ties, analysts say.

One key outcome of the 15th Brics summit, hosted by South Africa, is the decision to invite six more countries to join the group with effect from January 2024. They are Argentina, Ethiopia, Iran, Saudi Arabia, Egypt and the United Arab Emirates. All six had applied for membership. The enlargement…

Oil, gas and coal benefited from $7tn in support in 2022 despite being primary cause of climate crisis

At its launch almost a decade ago, the BRICS nations’ New Development Bank (NDB) was celebrated as a chance for countries across the Global South to break free of the US-dominated IMF and World Bank and rewrite the rules of financing global development. But while the number of nations signed…

South African officials say more than 40 countries from the Global South have shown interest in joining the BRICS bloc.

Lebanon's political elites are pushing a recovery plan for the country's financial collapse that would allow them to sidestep tough reforms demanded by the International Monetary Fund

Dozens of nations want to join the club as an alternative to the US-led order. But internal fissures could limit BRICS.

Argentina’s right-wing populist presidential candidate Javier Milei has met with International Monetary Fund officials to explain his economic proposals for the country, days after he became the surprise front-runner for the October election

There is a big dissonance between GDP growth and its translation into actual jobs and incomes for people

Pakistan is showing clear signs of economic and political crisis. Inflation was recently almost 38%, and the country faces a debt crunch as it tries to manage its trade deficit with the rest of the world. Talks with the IMF over emergency loans have dragged on for months.