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A service for global professionals · Tuesday, July 8, 2025 · 829,396,398 Articles · 3+ Million Readers
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United Arab Emirates IMF Newswire

  • Published on 09:41 GMT

    Lavrov slams IMF and World Bank for favoring Ukraine over Africa

    Russias foreign minister has called for the reform of global financial institutions and the more equitable distribution of aid Russian Foreign Minister Sergey Lavrov has criticized the International Monetary Fund (IMF) and the World Bank for what he …

    Source: Birmingham Star - Alabama - Pending
  • Published on 13:09 GMT

    The UAE’s calculated embrace of BRICS

    The 2025 BRICS Summit in Rio de Janeiro marks a critical turning point for the grouping and its expanded BRICS+ format, as it transitions from a predominantly economic consortium to a broader geopolitical platform. For the United Arab Emirates, a recent …

    Source: Gulf News - Gov't Propaganda
  • Published on Jul 7, 2025

    IMF and WB “a reversed Marshall Plan” says Lula

    Monday, July 7th 2025 - 09:46 UTC “The distortions are undeniable,” Lula said Brazilian President Luiz Inácio Lula da Silva Sunday criticized the role of the International Monetary Fund (IMF) and the World Bank (WB) because they represent “a reverse …

    Source: MercoPress - Neutral
  • Published on Jul 7, 2025

    South Sudan seeks UAE bailout as economy crashes

    South Sudan’s President has had two official trips to the United Arab Emirates this year, forced by domestic economic and political problems he wants help to tackle.   And Abu Dhabi’s rising influence in the Horn of Africa means South Sudan could have …

    Source: Zawya - Indeterminate
  • Published on Jul 7, 2025

    BRICS call for IMF reform, fairer AI governance

    Brazilian President Luiz Inácio Lula da Silva addressed the second plenary session of the 17th BRICS Summit in Rio de Janeiro on Monday, focused on "Strengthening Multilateralism, Economic and Financial Affairs, and Artificial Intelligence." …

    Source: Africanews - Neutral
  • Published on Jul 6, 2025

    Business : BRICS Reaffirms Commitment To Fair Trade, IMF Reform, And Financial Cooperation

    KUALA LUMPUR, July 6 (Bernama) — The BRICS grouping has sent a strong message in defence of a rules-based multilateral trading system, rejecting unilateral, punitive and discriminatory protectionist measures imposed that are not in line with international …

    Source: Bernama - Pro-Government
  • Published on 11:05 GMT

    Türkiye says will remain ‘closely’ interested in BRICS

    Türkiye will continue to engage closely with BRICS, Foreign Minister Hakan Fidan said Tuesday following the 17th BRICS Summit in Rio de Janeiro. Last year, frustrated by a lack of progress in its EU accession, Türkiye voiced interest to be a full member in …

    Source: Sabah - Pending
  • Published on 06:09 GMT

    Saudi plays short and long game with OPEC+ production gamble: Bousso

    (The opinions expressed here are those of the author, a columnist for Reuters.) LONDON - Saudi Arabia's drive to rapidly increase OPEC+ oil output may put Riyadh in the pole position to regain market share today while also solidifying its dominance …

    Source: Zawya - Indeterminate
  • Published on 04:06 GMT

    Trump threatens extra 10% tariff on BRICS nations

    Former U.S. President Donald Trump has issued a stern warning to countries aligning with the policies of the BRICS alliance, stating they will face an additional 10% tariff on goods traded with the United States. In a post on social media, Trump declared, …

    Source: Blueprint Newspapers Limited - Indeterminate
  • Published on 08:09 GMT

    Trump Threatens 10 Percent Tariff on BRICS-Aligned Nations

    President Donald Trump has announced that any country aligning with what he deems the “anti-American” agenda of the BRICS alliance will face an additional 10% tariff on exports to the United States. In a post on his Truth Social platform on Sunday, Trump …

    Source: News Ghana - Indeterminate
  • Published on 02:00 GMT

    Express View: For India, is BRICS worth it?

    Jul 8, 2025 07:19 IST First published on: Jul 8, 2025 at 07:19 IST The 2025 BRICS Summit in Rio de Janeiro, Brazil ended over the weekend with a wide-ranging declaration on global and regional issues. But few outside the hapless desk officers in various …

    Source: The Indian Express - Center-left
  • Published on Jul 6, 2025

    BRICS Finance Ministers make “urgent” call to reform IMF

    In a joint statement adopted by consensus on the eve of the BRICS leaders’ summit, held today and Monday in Rio de Janeiro, finance ministers from the 11 member countries called for strengthening Global South cooperation and advancing a more just and …

    Source: Portugal Pulse - Neutral
  • Published on Jul 6, 2025

    BRICS finance ministers band together in call to reform the IMF

    Ministers of finance from the BRICS group of developing nations called for an IMF overhaul that will redistribute voting rights and end a tradition of putting a European at the fund’s helm. The unified proposal, which is a first for the growing …

    Source: Cryptopolitan - Indeterminate
  • Published on 00:30 GMT

    Building forex reserves

    Pakistan stands out globally as the most improved economy in terms of reduction in sovereign default risk, measured by CDS [Customs Declaration Systems] implied probability, claims the latest data posted by Bloomberg Intelligence, according to a statement …

    Source: Dawn - Center-left
  • Published on Jul 6, 2025

    SL Government to Curb Generous Tax Holidays under IMF Reforms

    By: Staff Writer July 06, Colombo (LNW): Sri Lanka has agreed to halt the approval of new tax concessions under the Port City Act and the Strategic Development Projects (SDP) Act, as part of a broader reform agenda under the International Monetary Fund ( …

    Source: Lanka News Web - Pending
  • Published on 02:58 GMT

    BRICS currency paves way for BRICS Pay

    The US and its President have a reason to fear the growing clout of the BRICS bloc | Photo Credit: iStockphoto The BRICS summit 2025 has drawn to a close with the usual commitment to forge cooperation in the Global South and the expected tirade from Donald …

    Source: The Hindu Business Line - Neutral
  • Published on Jul 6, 2025

    BRICS Push for IMF Overhaul and Shifts in Global Finance

    Finance ministers from the BRICS nations have pressed the International Monetary Fund to adopt sweeping reforms that would recalibrate its governance and better represent developing economies. They jointly advocated for a modernised quota formula, …

    Source: Arabian Post - Pending
  • Published on Jul 6, 2025

    BRICS finance ministers make unified proposal for IMF reforms

    RIO DE JANEIRO (Reuters) -- Finance ministers from the BRICS group of developing nations called on Saturday for reform of the International Monetary Fund, including a new distribution of voting rights and an end to the tradition of European management at …

    Source: Nikkei Asia - Center-right
  • Published on Jul 7, 2025

    BRICS condemns attacks on Iran, Gaza war, Trump tariffs: Key takeaways

    Leaders of the BRICS bloc have sharply rebuked the United States and Israeli bombardments of Iran in June, calling them a “blatant breach of international law” while voicing strong support for the creation of a Palestinian state. But their joint …

    Source: Al Jazeera - Pro-Government

06 days 14:42:11

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  • Published on July 7, 2025 - 08:38 GMT

    Putin Says BRICS Outpaces G7 in GDP

    (MENAFN) Russian President Vladimir Putin has declared that BRICS has overtaken the Western-led Group of Seven (G7) in terms of total GDP, signaling a dramatic shift in global economic influence. Addressing the 17th annual BRICS summit in Rio de Janeiro on …

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  • Published on July 7, 2025 - 08:37 GMT

    Putin Says BRICS Surpasses G7

    (MENAFN) Russian President Vladimir Putin declared that BRICS has already surpassed the Western-led Group of Seven when it comes to combined gross domestic product (GDP). Addressing the 17th annual BRICS summit in Rio de Janeiro via video link on Sunday, …

    Distribution channels: ...
  • Published on July 7, 2025 - 08:38 GMT

    Putin states BRICS outperforming G7

    (MENAFN) Russian President Vladimir Putin stated on Sunday that BRICS has overtaken the G7 in terms of total economic output, marking a significant shift in global power dynamics. Speaking via video at the 17th annual BRICS summit in Rio de Janeiro, he …

    Distribution channels: ...
  • Published on July 6, 2025 - 08:46 GMT

    Russia’s International Reserves Hit New Peak

    (MENAFN) Russia’s foreign currency reserves soared to an unprecedented USD687.7 billion by the end of June, the nation’s central bank announced on Thursday. More than USD300 billion of this sum remains frozen in Western countries due to the ongoing Ukraine …

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