IMF Middle East Director Jihad Azour says the region is showing resilience amid tariffs and falling oil prices. The IMF’s outlook predicts 3.4% economic growth in 2026, with positive prospects for countries including Egypt and Lebanon.

Cairo

The International Monetary Fund (IMF) has noted improvements in Egypt's economic recovery, with growth rising and inflation declining. Discussions between the IMF and Egyptian authorities have been described as positive, with a focus on maintaining stability and furthering economic reforms.

The IMF outlined a three-pillar growth agenda for Egypt: leveling the playing field for the private sector, divesting state-owned enterprises, and repositioning the economy to adapt to ongoing transformations. The IMF also indicated that Egypt has made progress on asset sales since 2022 and that ongoing reviews will determine the next steps for financial support and reform implementation.

IMF forecasts 3.4% growth for Middle East in 2026

Let me ask you about Egypt as well. How are the discussions last week in D.C.? We had positive discussions with the Egyptian authorities. As you know, the Egyptian economy is recovering, growth is improving, inflation is coming down, and also we are seeing a surplus in the primary balance. This has helped Egypt to improve its stability despite all these shocks. What is needed for Egypt today is to accelerate on the growth agenda. The growth agenda has three pillars. One is to level the playing field for the private sector. Two is to divest, especially that there are a certain number of entities in the public sector that they are in the competitive domain. A recent study showed that 72% of the SOEs are in the commercial domain. Therefore, I think there is a great opportunity here for the state to reposition itself from being a competitor to being an enabler. Three, which is very important, is to, with all the transformations that are taking place, for Egypt also to reposition its economy. Do you believe that Egypt has made enough progress on asset sales? Egypt has started with a plan on that in 2022. They have now a list of assets. They have created a certain number of institutions in charge of that. I think now is the time to accelerate transactions and also to open up certain sectors for more competition. And is it your expectation that Egypt will pass the reviews by the end of 2025? I know that the fifth and the sixth programs were combined together. Yes, fifth and sixth review, in addition to the first review of the Resilient Sustainability Facility that comes to help on the energy side. We are currently discussing with the authorities to see if everything is ready. And when things are ready, we will immediately send a mission in order to finalize the review.

A planned summit between U.S. President Donald Trump and Russian President Vladimir Putin was put on hold on Tuesday, as Moscow's rejection of an immediate ceasefire in Ukraine cast a cloud over attempts at negotiation.

Moscow

Ukraine Invasion

Russian demands on Ukraine jeopardize Putin-Trump summit

A posthumous memoir by Virginia Giuffre, who accused Britain's Prince Andrew of sexually abusing her as a teenager, went on sale in London on Tuesday (October 21, 2025), days after the disgraced prince gave up his Duke of York title.

London

More scrutiny piles on Prince Andrew as new Giuffre book released

Former French President Nicolas Sarkozy began his five-year prison sentence in Paris on Tuesday (October 21) for conspiring to raise campaign funds from Libya, in a stunning downfall for a man who led the country between 2007 and 2012.

Paris

France's Sarkozy begins five-year prison sentence in Paris

US Vice-President JD Vance visits Israel amid concerns that the US-brokered peace deal between the country and Hamas will not hold. The Trump administration has redoubled its efforts to cement the fragile Gaza peace agreement after Israel accused Hamas of stalling the hand-over of hostages' bodies and deadly violence flared up in the territory days before.

Jerusalem

Middle East Conflict

U.S. Vice-President Vance visits Israel as Gaza ceasefire falters

Amazon.com cloud service returned to normal operations on Monday (October 20) afternoon, the company said, after an internet outage that caused global turmoil among thousands of sites.

Amazon says AWS cloud service back to normal after outage

Japan's parliament has elected the country's first female leader. Sanae Takaichi, 64, of the ruling Liberal Democratic Party (LDP), is seen as a hardline conservative who supports traditional gender roles and hawkish foreign policy.

Tokyo

Sanae Takaichi elected Japan's first female prime minister

Three days after meeting Ukrainian President Volodymyr Zelenskyy at the White House, U.S. President Donald Trump said Ukraine “could still win” its war with Russia, but added, “I don’t think they will,” raising new questions about Washington’s support for Kyiv.

Washington

Trump doubts Ukraine will win war against Russia

Former FBI Director James Comey is asking a judge to dismiss the criminal charges against him, claiming the prosecution is vindictive and unlawful.

Ex-FBI director James Comey seeks to toss indictment

An appeals court panel is allowing the White House to federalize and deploy National Guard troops to Portland, Oregon.

Portland

Appeals court rules Trump can deploy National Guard to Portland

U.S. President Donald Trump and Australian Prime Minister Anthony Albanese signed a rare earths and critical minerals agreement aimed at ensuring a steady supply of the materials at a time when China is trying to tighten control over global supply.

Washington County

U.S. and Australia boost rare earths supply with new agreement

A global outage hit Amazon Web Services (AWS), disrupting platforms like Amazon Prime, Fortnite, Alexa, Snapchat, and Duolingo. The issue, caused by increased error rates, took about three hours to mostly resolve.

AWS outage mostly resolved after hours-long global disruption

Centrist Rodrigo Paz won Bolivia's presidential runoff, defeating conservative rival Jorge "Tuto" Quiroga, as the country's worst economic crisis in a generation helped propel the end of nearly two decades of leftist rule.

La Paz

Centrist Rodrigo Paz wins Bolivian presidency

After 10 years in prison without charge, a Lebanese judge has ordered the release of Hannibal Gadhafi, son of the late Libyan leader, Moammar Gadhafi. But it’s on condition that he pays $11 million bail, something his lawyers say they will contest.

Beirut

Lebanon orders Hannibal Gadhafi’s release after 10 years

A cargo aircraft skidded off a Hong Kong runway and collided with a security patrol car before both fell into the sea early Monday, killing the two people in the car, authorities said.

Kowloon

Two killed after cargo plane veers off runway in Hong Kong

Thieves wielding power tools have struck at the famed Louvre Museum in Paris, stealing priceless jewels in a brazen heist that took just four minutes, according to the government. The thieves struck after the museum had already opened its doors to the public, with a major investigation now underway.

‘Priceless’ jewels stolen from France’s Louvre Museum in four-minute heist

U.S. President Donald Trump says he is ending aid to Colombia after the country’s president, Gustavo Petro, accused the U.S. of ‘murder’ when it struck a small boat within Colombian territorial waters in September.

Bogotá

Trump ending aid to Colombia after 'murder' accusation

The Israel-Hamas ceasefire is under pressure, as the Israeli military carries out strikes on southern Gaza and accuses Hamas of opening fire on its forces. Meanwhile, Israel alleges Hamas is stalling on returning the remains of deceased hostages.

Tel Aviv-Yafo

Israel, Hamas clash in major test of U.S.-backed ceasefire

The National Guard could soon be on Chicago’s streets after US President Donald Trump took his case to the country’s highest court - the conservative-leaning Supreme Court.  The President says the city is a war zone - and is in the midst of a rebellion, as residents protest his migrant deportation policy.

Chicago

Supreme Court to decide on sending the National Guard to Chicago

China's second-highest ranking general and eight other senior officials have been expelled from the ruling Communist Party and the military on suspicion of serious misconduct linked to corruption.

Beijing

China expels nine senior officials from Communist Party

The United States is sending the two survivors of a Thursday (October 18) strike in the Caribbean to their home countries of Colombia and Ecuador to be detained and prosecuted, U.S. President Donald Trump said on Saturday.

U.S. will repatriate survivors of Caribbean strike, Trump says

The two sides have agreed to hold follow-up talks in Qatar to establish conditions and a framework for lasting peace, bringing an end to a week of deadly cross border skirmishes, which have killed dozens of people.

Doha

Afghanistan, Pakistan agree to immediate ceasefire, Qatar says

France's world-famous Louvre museum in Paris was forced to close on Sunday after thieves broke into Apollo Gallery and stole valuable crown jewels.

Jewels of 'inestimable' value stolen from Louvre in major heist

U.S. President Donald Trump's critics took to the streets Saturday, with millions nationwide participating in "No Kings" rallies, protesting Trump's demonstrations of power.

Anti-Trump "No Kings" protests held across U.S.

The Trump administration is awaiting word from the Supreme Court after asking it to allow the immediate deployment of National Guard troops to Illinois to protect Immigration and Customs Enforcement officers. A lower court blocked the move.

Tensions rising in Portland, Oregon over immigration tactics

President Trump posted a video of a U.S. military strike on a submersible suspected of smuggling drugs. Two people were killed in the strike but the survivors were brought to a Navy ship. Trump says the U.S. will send the them back to their home countries for prosecution.

Trump says survivors of U.S. drug submersible will be sent home

The U.S. State Department issued a warning that Hamas appeared to be planning an attack 'against Palestinian civilians,' warning that such an attack would 'constitute a direct and grave violation of the ceasefire agreement'.

State Dept. flags ceasefire violation by Hamas

Britain's Prince Andrew said on Friday he would give up using his title of Duke of York following years of criticism about his behavior and connections to the late U.S. sex offender Jeffrey Epstein.

Windsor

Prince Andrew gives up title of Duke of York

Ukrainian President Volodymyr Zelenskiy came to the White House on Friday looking for weapons to keep fighting his country's war with Russia, but met an American president who appears more intent on brokering a peace deal than upgrading Kyiv’s arsenal.

Trump pauses on sending Tomahawks to Ukraine

Tension is rising between the U.S and Venezuela. The latest threats from the US warning of stronger measures against Nicolas Maduro’s government — have sparked both fear and fragile hope across Venezuela.

Caracas

Venezuela on high-alert amid U.S strikes

In the aftermath of a destructive Typhoon Halong, historic floodwaters have destroyed remote communities across western Alaska, forcing hundreds of evacuations that could continue for days.

Breakdown