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The Latest Breaking News from International Monetary Fund

Sudan’s catastrophe: farmers could offer quick post-war recovery, if peace is found

More than a year of conflict between the Sudanese Armed Forces and the Rapid Support Forces has weakened the country’s fragile economy. This is in addition to triggering a humanitarian crisis, loss of lives, property destruction and income disruptions.

The Conversation

Mi Primer Bitcoin At 3: What The $BTC Education Program Accomplished In El Salvador

The Mi Primer Bitcoin is celebrating three years since launching in El Salvador – the Bitcoin education program has reached thousands of Salvadoran students and continues to expand globally.

International Business Times

Price instability rocks Ethiopia as it reels from foreign exchange rate reforms

The prices on the menu have been erased at a small hotel in a suburb of Ethiopia’s capital

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Egyptian Pound Slides As IMF Loan Conditions Met

Learn about the Egyptian pound's decline, IMF bailout, fuel price hikes, and economic challenges in Egypt.

Top News

Sri Lanka Announces First Presidential Vote Since Unrest

Sri Lanka's first presidential elections since an unprecedented economic crisis spurred widespread unrest will be held in September, the election commission said Friday.

International Business Times

South Africa has a new top diplomat. What does that mean for Palestine?

Foreign minister Ronald Lamola takes over at critical time amid ICJ case against Israel and ongoing regional conflicts.

Al Jazeera

Steak is off the menu for Argentinians as the country’s austerity policies bite

“Was the steak and wine as good as I’ve heard?” Undeniably the most common question I’m asked when I return from Argentina. And while my answer is – obviously – yes, the question is asked with good reason. The association with beef and steakhouses (parrillas in Spanish) and world-class malbecs…

The Conversation

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StockNews.com

3 Mid-Cap Stocks With Strong Upside Potential

With the market hitting near-record highs and some experts warning about potential downturns, now might be the time to consider adding mid-caps to your investment mix. Thus, one could invest in fundamentally sound stocks like Acuity Brands (AYI), PVH Corp. (PVH), and NewMarket Corp. (NEU), which have strong upside potential.…

The Guardian - UK

Thursday briefing: How one controversial bill has Kenya on the brink of disorder

In today’s newsletter: President William Ruto’s unpopular finance bill has sparked a wave of protests – that have been met with brutality and yet more discord in the country

The Guardian - UK

IMF reform is tricky: the US and China will need to work together

Europe is overrepresented while China is underrepresented, and the US will need to give up its veto

StockNews.com

3 Bank Stocks Benefiting From High Interest Rates

Amid global economic uncertainties, major U.S. banks like JPMorgan (JPM), Wells Fargo & Company (WFC), and PNC Financial Services (PNC) have defied expectations with strong revenue and earnings reports for the second quarter. Considering their robust performance, investing in these stocks could offer stable returns to your portfolio. Read more….

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AAP

Signs point to slow start for economy in new year

Australia can expect lacklustre economic growth into early next year, with small businesses particularly vulnerable to sour economic conditions.

The Guardian - UK

World needs economic stability after a tough few years, but if Trump wins we’re unlikely to get it

The attempt on the former president’s life may well result in a new era of trade tariffs, protectionism and a weak dollar

International Business Times

IMF Maintains 2024 Global Growth Forecast, Warns Of Inflation Risk

The IMF held global growth expectations for 2024 steady in a report Tuesday even as it cut forecasts for the United States and Japan, while warning of inflation risks and trade tensions ahead.

Top News

IMF Upgrades China, India, Europe; Lowers US, Japan Expectations

IMF revises global economic projections, highlighting growth in China, India, and Europe, with challenges in the US and Japan. Global inflation expected to...

The Independent UK

New fears Brexit has ‘drained life out of UK economy’ following IMF report

The International Monetary Fund’s July report warns ‘the global economy is in a sticky spot’ with the UK lagging behind most other major economies

The Independent UK

IMF's economic view: Brighter outlook for China and India but tepid global growth

The International Monetary Fund is upgrading its economic outlook this year for China, India and Europe while modestly lowering expectations for the United States and Japan

The Guardian - UK

UK interest rates will stay high unless service sector inflation falls, says IMF

Warning comes as Bank of England policymakers say price growth in service sector could become embedded

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