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was Managing Director from November 21, 1956 to May 5, 1963 Ivar Rooth, from Sweden, was Managing Director from August 3, 1951 to October 3, 1956 Camille Gutt, from Belgium, served as the IMF's first ...
The twists and turns in the tariffs saga just kept coming this week. Things started on a positive note when president Trump said he would delay imposing a 50% tariff on goods from the European Union, ...
Analysts are sounding the alarm over potential tax rises from Chancellor Rachel Reeves ahead of the Government's spending ...
Global growth is expected to decline and downside risks to intensify as major policy shifts unfold After enduring a prolonged and unprecedented series of shocks, the global economy appeared to have ...
Rachel Reeves has been given political cover to adjust the UK’s fiscal framework, amid growing warnings that the Chancellor ...
The IMF has upgraded the UK’s growth forecast but wants Reeves to refine her fiscal rules to avoid unnecessary spending cuts ...
The Labour Government faces "difficult choices" loom on tax and spending as the country grapples with unsustainable debt ...
Earlier this month, the Bank of England predicted that the UK economy would grow by 1% in 2025 and 1.25% next year, as it reduced interest rates to 4.25% – their lowest level since May 2023. The IMF ...
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Europe began to wean itself from its dependence on Russia after the full invasion of Ukraine in 2022, which led to a spike in energy prices. Sanctions have led to significant cuts in imports over ...
Growth ought to be the priority for Rachel Reeves. Yet as the IMF notes after its annual inspection of the British economy, ...