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BRICS finance chiefs push for deeper financial cooperation; IMF, World Bank reforms
Ministers and central bank governors stated that expanded BRICS membership has enhanced the group’s diversity and commitment to closer economic and financial cooperation
Bangladesh seeks IMF aid: How badly has Iran war hit its economy?
The International Monetary Fund warns that Iran war could trigger a spike in global debt levels.
The country is again at risk of bankruptcy - Sajith
As Sri Lanka once again faces a serious risk of bankruptcy, Opposition Leader Sajith Premadasa emphasizes that the government should set aside its boasting and urgently enter into the next successor agreement with the IMF, or the International Monetary Fund.T…
The climate crisis could means India’s economy may literally overheat—let’s secure the workforce
India's dream of becoming a developed country by 2047 faces a climate threat. Wet-bulb heat is rising and could stall worker productivity. Here’s a rescue package the government, IMF, World Bank and other institutions should consider.
IMF warns AI-driven cyber threats could destabilize global financial markets
The International Monetary Fund (IMF) warned that extreme cyber-incident losses could trigger funding strains, raise solvency concerns, and disrupt broader markets. As artificial intelligence transforms how the financial system manages vulnerabilities, it sim…
"We help to de-risk the international economy": Jaishankar
He pointed to recent data to underscore the scale of India's impact, stating, "If you look at the IMF expectation of global growth this year, India contributes 17% of the total global growth"
Petrol-diesel price hike coming soon? Why IMF says it must
Speculation mounts over potential petrol and diesel price hikes as assembly elections conclude, despite government assurances. The IMF urges India to pass on higher crude oil costs to consumers, arguing it would temper demand and allow market adjustments, wh…