Debt Will Tear Us Apart (Again)
Estimates offer stark illustration of challenges facing Rachel Reeves as she prepares for autumn Budget
Move to prop up peso triggers nerves over government’s ability to stick to long-term strategy
Parallel lines
Concern comes as Federal Reserve and Bank of England consider rate cuts
PM Shehbaz Sharif has pushed tax reforms to secure debt-stricken country’s 24th funding programme
William Ruto is latest president of developing country caught between multilateral lenders and angry population
Fund says rising deficits create a growing risk to the domestic and global economy
Rights groups allege that at least 23 people were killed after parliament was stormed
Also in this newsletter: defence hiring spree, Reeves’ plan for growth, managing Gen Z
Fund says governments should do more to protect their economies in face of massive potential labour disruptions
A system established in the middle of the last century must be reinvented to deal with the risks of this one
Fund calls for Beijing to restructure economy to prioritise consumption and ensure fair treatment for companies
Facile hurdles undermine a good idea
Fund says real departmental spending growth may rise at double the pace seen in official projections
Fund set to disburse $800mn but libertarian leader wants to borrow more to speed up removal of currency controls
OECD, IMF and WTO forecast sharp rebound in flow of products this year after 2023 slump
Experience shows that encouraging exports rather than slapping tariffs on imports works best
Also in this newsletter: former executive of a scandal-embroiled Polish oil group is running for a seat in EU parliament
In today’s climate, public markets do not provide enough diversification
Policymakers should remain vigilant about outstanding risks to the global financial system
Lord, make me solvent, but not yet
Tories aim for pre-election announcement despite warnings from IMF about UK’s fragile finances
Growth is picking up in the short term, but fears are mounting of a stagnant decade, with bleak political consequences
Fund urges EU to avoid ‘protectionist’ policies and focus on cutting internal trade barriers