Clouds over global economy ‘beginning to part’ but Red Sea crisis could spell trouble, says IMF

Clouds over global economy ‘beginning to part’ but Red Sea crisis could spell trouble, says IMF

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The outlook for the global economy is brightening, the International Monetary Fund said Tuesday as it upgraded its growth forecast for 2024. But it warned that the “surprisingly resilient” recovery from the pandemic, Russia’s war in Ukraine and the ensuing cost-of-living crisis could be…

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