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Leading global economic policymakers at the World Economic Forum in Davos urged countries and businesses to filter out…
AI productivity gains are making the rich richer, and they’ll wipe out jobs—but the IMF chief sees a silver lining for low-wage workers
Productivity gains from artificial intelligence are disproportionately boosting high earners, but an argument exists that the dynamic can…
S&P revises Congo’s outlook to ‘positive’ as reforms, mining strength boost economy
Jan 23 – Global credit ratings agency S&P on Friday revised the Democratic Republic of Congo’s outlook to…
India Rejects IMF’s AI Classification, Calls Itself a First-Rank AI Nation India Pushes Back on IMF, Claims Top-Tier Status in Global AI Race
At Davos, Ashwini Vaishnaw rejects the IMF’s “second-tier” AI tag, citing Stanford rankings that place India among global…
IMF raises India’s GDP growth projection
The International Monetary Fund (IMF) on Monday revised its estimate of India’s gross domestic product (GDP) growth in…
Senegal raises $254 mln in regional debt auction as yields climb
DAKAR, Jan 16 (Reuters) – Senegal raised 154 billion CFA francs ($254 million) in a regional debt auction…
Zambia drops plan to extend IMF loan programme
JOHANNESBURG, Jan 7 (Reuters) – Zambia has ditched plans to extend its International Monetary Fund loan programme before…
Milei’s economy in 2026: between macroeconomic consolidation and politics
President Javier Milei is a unique figure in Argentine economic history — not necessarily due to his libertarian…
Explainer: Venezuela’s billions in distressed debt: Who is in line to collect?
NEW YORK/LONDON, Jan 4 (Reuters) – The toppling of President Nicolas Maduro has thrust Venezuela’s debt crisis –…
Defining moment: India overtakes Japan to become world’s fourth largest economy; enjoys ‘Goldilocks’ phase with high growth, low inflation
India has been the world’s fastest growing major economy for several years now. (AI image) In a major…
India overtakes Japan as world’s fourth largest economy, eyes top 3 in 2026
India has overtaken Japan as the world’s fourth-largest economy – and officials hope to pass Germany within three…
IMF praises El Salvador’s 4% GDP growth as bitcoin tensions ease
The International Monetary Fund (IMF) praised El Salvador’s stronger-than-expected economic growth in a statement on Monday. The update…