Economy

Washington (United States) (AFP) - US President Donald Trump said Wednesday that oil, gas and mineral exploration was preparing to...

China heads for record trade surplus as exports surge

Beijing (AFP) - China's exports soared in September, official data showed Wednesday, putting it on course for a record annual...

IMF chief says Saudi attacks could have negative spillover ‘everywhere’

Bangkok (Thailand) (AFP) - International Monetary Fund head Kristalina Georgieva said Wednesday that recent attacks on Saudi Arabia could impact...

Advanced economies must ‘act now’ to lower debt as bond yields spike: IMF

Bangkok (Thailand) (AFP) - The International Monetary Fund on Wednesday called for advanced economies to "act now" to address ballooning...

French economy minister denies country caught in debt ‘snowball’

Paris (France) (AFP) - France's Economy Minister Roland Lescure said Tuesday that the country was not trapped in a debt...

Big US banks report strong earnings and stay bullish on AI

New York (AFP) - Major US banks offered a largely upbeat outlook Tuesday, expressing confidence that the artificial intelligence investment...

France budget debate faces rocky start as Socialists vow to fight

by Thomas Barnes

Paris (France) (AFP) - The French government was on Tuesday set to take the 2027 budget to debate in parliament,...

IMF upgrades 2026 growth forecast but warns of ‘split’ outlook

Bangkok (AFP) - The International Monetary Fund on Tuesday forecast global growth in 2026 would slow less than previously expected...

‘No choice’: IMF says developing countries must cut spending despite war shock

by David Peterson

October 12, 2026

Bangkok (AFP) - The International Monetary Fund warned on Tuesday that while low-income developing countries were dealing with the disproportionate...

IMF upgrades 2026 growth forecast but warns of ‘split’ outlook