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News 2026-10-13 02:00 UTC

IMF says AI investment propping up global growth, but war and debt threaten outlook

IMF upgrades global growth forecast to 3.1% for 2026 Strong investment in AI is major reason for better outlook US economy forecast to grow 2.3% this year and in 2027 Forecasts for China's growth tick down to 4.5% for 2026 and 4.0% for 2027 Gulf countries, including Saudi Arabia, see GDP forecasts downgraded sharply By

News 2026-10-06 06:02 UTC

World Bank economist: South Asia growth resilient but risks remain

A World Bank economist stated that South Asia's growth remains resilient due to strong consumer demand, despite an energy shock. However, risks such as high oil prices, severe weather, and a global market correction could threaten the region's economic outlook.