IMF upgrades global economy outlook

The International Monetary Fund says in its latest report that global growth has weathered the Middle East conflict better than had been feared, with rerouting of oil supplies and the release of energy stocks helping reduce the negative impact of the Iran war. But the IMF also warns that emergency stocks are now depleted. Also; the authorities in the American state of Tennessee release dramatic phone calls that were made to the emergency services after the botched execution of Christa Pike; Pope Leo has been admitted to hospital for a lung operation; a leading Iraqi human rights organisation says the government must do more to protect women who speak out about sexual violence, and Rwanda has agreed to host Formula One races, bringing the sport to Africa for the first time since the South African Grand Prix in 1993.

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Photo: Economic Counsellor and Director of the Research Department at the International Monetary Fund Silvana Tenreyro at annual meeting of the IMF and the World Bank Group in Bangkok
Credit: EPA/Shutterstock