IMF: Global economic outlook slightly ‘less gloomy’ than expected

IMF: Global economic outlook slightly ‘less gloomy’ than expected

London CNN — The global economy will weaken this year as rising interest rates and the Russian war in Ukraine continue to weigh on activity. But economists are more optimistic than they were a few months ago. The International Monetary Fund said Monday it now expects global growth to slow from 3.4% in 2022 to … Read more

‘Surprisingly resilient’: IMF raises forecasts for global growth | International Monetary Fund

‘Surprisingly resilient’: IMF raises forecasts for global growth |  International Monetary Fund

The International Monetary Fund (IMF) has slightly raised its global growth outlook for 2023 due to “surprisingly resilient” demand in the United States and Europe and the reopening of China’s economy after Beijing abandoned its strict zero-COVID strategy. The IMF said global growth would still fall to 2.9 percent in 2023 from 3.4 percent in … Read more

Asia Pacific Stocks, Fed, Earnings, Economic Data

Asia Pacific Stocks, Fed, Earnings, Economic Data

CNBC Pro: What a technology fund manager expects from Apple and Alphabet’s earnings this week Microsoft gave a disappointing sales forecast last week, but inventory has since increased. What does that mean for the other Big Tech companies that are going to report earnings? Tech fund manager Jeremy Gleeson, who manages the £1.1 billion ($1.5 … Read more

Covid-19 is a leading cause of death for children in the US, despite the relatively low death rate

Covid-19 is a leading cause of death for children in the US, despite the relatively low death rate

CNN — Covid-19 has become the eighth most common cause of death among children in the United States, according to a study published Monday. Children are dying from Covid-19 significantly less than any other age group — less than 1% of all deaths since the start of the pandemic have been among those under the … Read more

Adani Group beats Hindenburg ‘attack on India’ as share price hits $70 billion

Adani Group beats Hindenburg ‘attack on India’ as share price hits  billion

New Delhi CNN — The Adani Group has accused a US investment firm of launching “a calculated attack” on India by publishing a report alleging widespread fraud at the Ports-to-Power conglomerate. Hindenburg Research last week released its report on billionaire Gautam Adani’s affairs, accusing the group of “brutal stock manipulation and accounting fraud over decades.” … Read more

Kansas City Chiefs meet Philadelphia Eagles in Super Bowl LVII

Kansas City Chiefs meet Philadelphia Eagles in Super Bowl LVII

CNN — The Kansas City Chiefs advance to Super Bowl LVII after beating the Cincinnati Bengals 23-20 in Sunday’s AFC Championship game at Arrowhead Stadium in Kansas City, Missouri. After suffering a high ankle sprain last week in the Chiefs’ Divisional Round victory over the Jacksonville Jaguars, Patrick Mahomes led the team to a back-and-forth … Read more

Equity futures fall slightly ahead of busy week of earnings, Fed meeting

Equity futures fall slightly ahead of busy week of earnings, Fed meeting

Equity futures were slightly lower on Sunday evening as investors geared up for a week of significant corporate earnings and a possible rate hike by the Federal Reserve. Futures linked to the Dow Jones Industrial Average fell 56 points, or about 0.2%. S&P 500 futures were down 0.2% and Nasdaq 100 futures were down 0.2%. … Read more

Scholz doubles down on fighter jets refusal for Ukraine – POLITICO

Scholz doubles down on fighter jets refusal for Ukraine – POLITICO

German Chancellor Olaf Scholz reiterated his rejection of Kiev’s demands to supply Ukraine with fighter jets shortly after Berlin agreed to send main battle tanks. “The issue of combat aircraft does not arise at all,” Scholz said in an interview with Tagesspiegel published on Sunday. “I can only advise against getting into a constant competition … Read more

North Korea condemns US sending main battle tanks to Ukraine | War news Russia-Ukraine

North Korea condemns US sending main battle tanks to Ukraine |  War news Russia-Ukraine

Kim Yo Jong, the influential sister of North Korea’s leader, accused the US of waging a “proxy war” against Russia. North Korean leader Kim Jong-un’s influential sister has condemned the United States’ decision to supply Ukraine with advanced main battle tanks to help fight Russian forces. Moscow. Kim Yo Jong’s remarks on Friday underlined North … Read more