Hacker News with Generative AI: IMF

El Salvador Ends Bitcoin as Legal Tender (newsroompanama.com)
El Salvador, the first country to adopt Bitcoin as legal tender in 2021, recently reversed its decision after pressure from the IMF. What led to this change, and what were the outcomes of its nearly four-year crypto experiment?

El Salvador, Bitcoin, Crypto, IMF, Economics

12 points by asah 14 days ago | 0 comments

El Salvador to Change Bitcoin Law as Part of New IMF Deal: Financial Times (coindesk.com)
El Salvador may roll back a small aspect of its Bitcoin law as part of a new deal with the International Monetary Fund.

Bitcoin, El Salvador, IMF, Finance, Law

21 points by PaulHoule 60 days ago | 2 comments

El Salvador to scale back Bitcoin dreams to seal $1.3B IMF deal (ft.com)

El Salvador, Bitcoin, Finance, IMF, Government

57 points by JumpCrisscross 74 days ago | 17 comments

Rights groups urge IMF to address corruption in Covid-19 emergency funding (cgtn.com)
A group of civil society organisations from across the world called on the International Monetary Fund to include anti-corruption measures in all its COVID-19 related emergency funding.

International Finance, Corruption, COVID-19, Civil Society, IMF

17 points by wallbrownf 118 days ago | 2 comments

As world debt hits $100T, IMF warns deficit must be brought under control (politico.eu)
The debt owed by governments around the world will surpass $100 trillion by year-end and is an increasing threat to the global economy, the International Monetary Fund warned on Tuesday.

Global Economy, International Finance, Debt, IMF, Government Spending

8 points by hhs 128 days ago | 4 comments

IMF stark warning on AI's potential to turn downturn into economic crisis (fortune.com)