In a significant development, India and Pakistan's military chiefs are set to discuss the recent ceasefire that has brought a temporary calm to their tense border. This comes after days of intense firing and international diplomatic pressure, including U.S. involvement. The situation remains precarious as both nations continue to navigate complex relations over Kashmir.
In a week of cautious optimism, global leaders at the IMF and World Bank meetings express relief as the U.S. dollar remains stable despite Trump's inward-focused policies. Can we trust the U.S. economy's future?
In a pivotal speech, Treasury Secretary Scott Bessent advocates for significant reforms at the IMF and World Bank, emphasizing the need to refocus on their core missions amid rising concerns about U.S. withdrawal from these institutions.
The IMF warns that President Trump's tariffs could lead to a significant slowdown in global economic growth, predicting a drop from 3.3% to 2.8% this year. With rising trade tensions, fears of a recession loom large as investors react to the unpredictable economic landscape.
Despite rising trade tensions and plummeting stock markets, the IMF assures that a global recession is unlikely. Learn about the IMF's optimistic outlook and the necessary actions for a resilient economy.
Argentina has struck a monumental $20 billion deal with the IMF, marking a major shift by dismantling key currency controls and allowing the peso to fluctuate freely. This move aims to stabilize the economy and attract investment.
