IMF Demands Changes to El Salvador's Bitcoin law: Report

The International Monetary Fund (IMF) is reportedly demanding changes to El Salvador’s pro-Bitcoin law, hindering the country’s attempts to secure a $1.4 billion credit line as reported by Infobae.  NEW: 🇸🇻 IMF reportedly demands changes to El Salvador's #Bitcoin law for a $1.4 billion aid. They're scared 🙌 pic.twitter.com/vmqhts5dCY — Bitcoin Magazine (@BitcoinMagazine) April 12, 2024 El…

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IMF Warns AI Can Worsen Global Inequality Eating 40% of Jobs

The IMF has also warned that AI could further broaden income and wealth inequality among countries. AI benefits and challenges would be key points of discussion at World Economic Forum (WEF) meeting in Davos. The International Monetary Fund (IMF) issued a cautionary statement, indicating that the proliferation of artificial intelligence (AI) could impact nearly 40%…

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Argentina reaches last-minute deal with IMF to avoid default

Receive free Argentina updates We’ll send you a myFT Daily Digest email rounding up the latest Argentina news every morning. Argentina and the IMF have agreed a last-minute deal to prevent the troubled South American economy entering into arrears with the fund, offering some stability ahead of October’s crucial presidential elections.  After three months of…

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