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Africa’s ‘optimist-in-chief’ on the continent’s renaissance: ‘Don’t just believe me, believe the data’

In an exclusive interview, Akinwumi Adesina, head of the African Development Bank, says the outlook is good for a continent with the workers of the future and the best investment opportunities

IMF should give poor countries $300bn a year to fight climate crisis, says Joseph Stiglitz

Developing nations need equivalent of US Inflation Reduction Act, says Nobel prize-winning economist

Shocks are new normal for weakened global economy, says IMF head

Kristalina Georgieva says fund had been conducting ‘thinking the unthinkable’ scenario-planning before Israel-Hamas war began

Severe debt burdens thwarting progress on climate and poverty, says World Bank

Bank’s new president Ajay Banga urges faster action on providing debt relief but says there is no ‘magic wand’

UK interest rates will need to stay high into 2024, warns IMF

Britain faces ‘fairly subdued’ growth and ‘persistent’ inflation, global economic health check finds

IMF clings to a hopeful agenda as crisis follows crisis

At the fund’s annual meeting this week in Morocco, ambitions for climate and debt relief may be overwhelmed by events – again

WTO slashes growth forecast for global goods trade by more than 50%

Persistently high interest rates have had chilling effect on consumer spending, says trade body

‘It’s not done’: IMF head warns of costs in finally overcoming inflation

Kristalina Georgieva discusses protracted high interest rates and first term dominated by two ‘unthinkable’ events

Bond market sell-off sends UK long-term borrowing cost to 25-year high

Rate tops level last seen after Liz Truss mini-budget as fears of global inflation and US political instability spook markets

Central banks ‘risk global recession unless they relax 2% inflation targets’

Economic arm of UN says pro-growth stance needed, with interest rate rises increasing inequality

UK admits extra £330m a year in charges for post-Brexit animal and plant imports

Labour’s Stella Creasy elicits confirmation of higher charges to firms, which some say risk further fuelling food inflation

Investigation launched into killings and evictions on World Bank tourism project

Tanzania government blamed for violence against villagers in national park, while thousands more people face losing their homes

Germany will suffer worst from world economic slowdown, says OECD

Higher interest rates and weaker trade, as well as sluggish growth in China, likely to hit big economies

Beware sharper economic slowdown and tougher inflation, warns adviser to central banks

Bank of International Settlements said markets risk ignoring aftershocks from inflation such as insolvencies and property price falls

UK manufacturers cut hiring plans amid ‘sharp slowdown’, survey finds

Firms preparing for difficult year as ‘potent cocktail’ of difficulties takes hold, says industry lobby group

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  • NatWest is chasing the mass affluent wallet. So is everyone else
  • Rise in UK borrowing costs reverses after cabinet backs Starmer
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  • NatWest to buy wealth manager Evelyn Partners for £2.7bn
  • Melania drops 67% at US box office as Rotten Tomatoes defends record-breaking audience scores
  • EU threatens to act over Meta blocking rival AI chatbots from WhatsApp
  • EU urged not to roll back green agenda in effort to revive faltering economy
  • Maine shaken by ICE raids as backlash threatens Republican Senate control
  • Experts sound alarm over UK exports to firm linked to Russian war machine
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  • Japanese shares hit record high as Sanae Takaichi wins landslide election victory
  • Economic growth is still heating the planet. Is there any way out?
  • Global economy must move past GDP to avoid planetary disaster, warns UN chief
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  • England’s poorest areas have 70% more vape shops and bookmakers than wealthier ones
  • Reshona Landfair on her life after R Kelly: ‘I had to rebuild my entire self’
  • Government on track to lower minimum age for train drivers to 18 in Great Britain
  • US companies accused of ‘AI washing’ in citing artificial intelligence for job losses
  • Mandelson revelations show need for tougher UK constraints to resist rule of the rich
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  • BP faces calls for new strategy to end period of turbulence
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