Money Talks

IMF slashes global growth forecast, sees rising risk of recession

The war in Ukraine, lockdowns in China, and rising consumer prices are threatening to push the global economy to the brink of a recession. That's according to the International Monetary Fund's updated World Economic Outlook released this week. According to the lender, global economic growth will slow this year to 3.2%. It's a downgrade from the Fund's projection in April, and much lower than last year's expansion of more than 6%. For more on global economy, we spoke to David Madden, who is a market analyst at Equiti Capital in London. #IMF #GlobalEconomy #GrowthProspects

IMF cuts world economic outlook for 2019 | Money Talks

IMF cuts world economic outlook for 2019 | Money Talks

IMF, World Bank hold meetings in Washington | Money Talks

IMF, World Bank hold meetings in Washington | Money Talks

Money Talks: High population growth hurts Egyptian economy

Money Talks: High population growth hurts Egyptian economy

IMF: Inequality worsening in emerging world due to pandemic  | Money Talks

IMF: Inequality worsening in emerging world due to pandemic | Money Talks

UN agency calls on central banks to halt interest rate hikes

UN agency calls on central banks to halt interest rate hikes

UK reverses tax cut proposal after market, public backlash

UK reverses tax cut proposal after market, public backlash

Oil prices rally as OPEC+ alliance plans major output cut

Oil prices rally as OPEC+ alliance plans major output cut

British currency falls to record low as Truss bares tax cuts

British currency falls to record low as Truss bares tax cuts

Businesses set to leave China as economy falters

Businesses set to leave China as economy falters

Market Movers: Italy's new PM to face economic challenges ahead

Market Movers: Italy's new PM to face economic challenges ahead

Deluge threatens to worsen food insecurity in Nigeria

Deluge threatens to worsen food insecurity in Nigeria

‘Get rich quick schemes are too good to be true’

‘Get rich quick schemes are too good to be true’

UK economy averts immediate recession with 0.2% expansion

UK economy averts immediate recession with 0.2% expansion

European stocks set to rebound after BOE placates markets

European stocks set to rebound after BOE placates markets

UK tax cuts package estimated to cost around $45B

UK tax cuts package estimated to cost around $45B

Chinese yuan drops to weakest level since 2008 as growth falters

Chinese yuan drops to weakest level since 2008 as growth falters

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