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Kwasi Kwarteng: how ex-chancellor’s fate was sealed by IMF orthodoxy he fought against

Former occupant of No 11 Downing Street finally sacked after financial institution chief’s remarks in Washington

Liz Truss fails to calm markets despite sacking Kwasi Kwarteng

Sterling fell, FTSE 100 lost its gains and bond yields rose after PM’s press conference failed to announce new direction

‘Time may be running out’: global debt crisis reaches critical point

Eclipsed by rich countries’ own problems, a crunch a decade in the making is coming to a head

Cliff edge looms for UK’s financial system

BoE’s move to end bond buying is a big gamble given the magnitude of the bind Britain is in

Jacob Rees-Mogg says pensions not at risk as he hits out at BBC

Business secretary claims impartiality rules breached by suggestion market turmoil is linked to mini-budget

UK firms using legal muscle to facilitate human rights and climate abuses – report

Transform Trade charity says British-based companies are among main bringers of cases based on bilateral investment treaties

Cutting oil output risks global economy, warns US Treasury secretary

Janet Yellen’s comments come as figures show business activity declining across most UK regions

Kwasi Kwarteng buckles up for an awkward first date with the IMF

The chancellor is bound for Washington for talks with the organisation that blasted his mini-budget

IMF chief warns world heading towards age of greater instability

Kristalina Georgieva points to ‘fundamental shift’, with fragile global ties and more frequent natural disasters

Invest in small farmers or world will face regular food crises, says UN agency chief

Billions needed for water and soil conservation to boost resilience in small farms, says new head of UN’s agricultural financing arm

World Bank ‘has given nearly $15bn to fossil fuel projects since Paris deal’

A group of 50 NGOs found that bank and subsidiaries had funded oil refinery and gas processing

Fears grow over oil price as Opec+ agrees to bigger than expected output cuts

Cartel curbs production by 2m barrels a day despite strong US pressure, further squeezing supplies

Cutting emissions will hit growth, but costs of inaction much higher, says IMF

IMF says taking swift action to achieve 25% cut in greenhouse gases by end of decade will cost less than failing to act

Ukrainian economy will shrink at rate eight times that of Russia, World Bank forecasts

Kyiv economy will contract by 35% in 2022, compared with a 4.5% fall in Russian GDP

UN accuses richest countries of ‘imprudent gamble’ in inflation fight

Report says policies of high interest rates and austerity risk triggering global recession that will hit developing nations hardest

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