Category: International Monetary Fund (IMF)

‘It’s a twilight zone’: Iran war casts deep shadows over IMF gathering in Washington

Rachel Reeves joins global finance chiefs in highlighting how households and businesses are feeling the pain of higher energy pricesMiddle East crisis – live updatesThe most severe energy shock since the 1970s, the risk of...

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Cuts to overseas aid will worsen shocks to global economy, David Miliband says

Exclusive: Former UK foreign secretary says poor and rich countries alike will be hit amid humanitarian crisis sparked by Iran warCuts to overseas aid by countries including the US and the UK risk stoking global economic...

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The ‘rules-based order’ Davos craves has bigger problems than Trump: it represents a world that no longer exists

The global economic system doesn’t even benefit its US and European creators any more – let alone indebted nations or emerging giantsDonald Trump represents everything that the Davos crowd hates – and it is...

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Reeves should consider ending pension triple lock and charging for NHS treatment, says IMF

Chancellor is advised to give herself more leeway in the next budget before adjusting taxation or spendingThe International Monetary Fund has urged Rachel Reeves to consider ending the pensions triple lock and charging for NHS...

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Reeves in standoff with ministers over proposed cuts to public services

IMF suggests chancellor could refine fiscal rules, but some fear policing and social housing face spending cutsThe Treasury is in a standoff with some ministers over proposed cuts to public services including policing and social...

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Rachel Reeves dashes hopes of early breakthrough in UK-US trade deal

Chancellor says UK is ‘not going to rush a deal’ and rejects new US demands on agricultural productsMarkets rise as Trump backtracks on China tariffs and firing Fed chairReeves looks at ending zero tax regime for...

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IMF warns of ‘major negative shock’ from Trump’s tariffs

Lender cuts forecasts for every major economy, with UK expected to grow by 1.1% this year, down from 1.6%Business live – latest updatesDonald Trump’s tariffs have unleashed a “major negative shock” into...

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