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The Managing Director of the International Monetary Fund (IMF) stated that the IMF's Disaster Control and Relief Trust needs additional funding and that the IMF will urge member countries to provide assistance.

2026-10-14

The Managing Director of the International Monetary Fund (IMF) stated that the IMF's Disaster Control and Relief Trust needs additional funding and that the IMF will urge member countries to provide assistance.

Other News
2026-10-14

IMF managing director says now is the time to raise revenues and rationalize spending.

IMF managing director says now is the time to raise revenues and rationalize spending.
2026-10-13

Iranian attacks on vessels transiting the Strait of Hormuz have surged, potentially threatening the recent rebound in Persian Gulf oil exports. Shipping sources say cargo volumes via the strait earlier this month recovered close to pre-conflict level

Iranian attacks on vessels transiting the Strait of Hormuz have surged, potentially threatening the recent rebound in Persian Gulf oil exports. Shipping sources say cargo volumes via the strait earlier this month recovered close to pre-conflict levels, but recent signs point to a possible slowdown. There is no clear evidence that crude loading at several major producers has changed, and one owner said ship transits appear unrestricted. Aggregated tanker-tracking data show more than a dozen VLCCs and several Suezmaxes turned back or altered course near Fujairah, a major hub at the entrance to the strait. Brokers and some owners report additional slowdowns, notably longer wait times for ship-to-ship transfers, though an STS operator said his business had not been affected.
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