( ) -q-22- UNDATED (Correspondent Jeremy House) “back in July.” The International Monetary Fund warns that the world economy has lost momentum from the impact of higher interest rates, the invasion in Ukraine and widening geopolitical rifts. [CutID: <Cuts> IMF-GLOBAL-ECONOMY-house-q-TUEam.mp3 Time: 22s Title: IMF-GLOBAL-ECONOMY-house-q-TUEam Out-cue: back in July] TAG: Correspondent Jeremy House reporting. The deceleration […]
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IMF outlook worsens, Mideast war poses new uncertainty
( ) -q-22- UNDATED (Correspondent Jeremy House) “back in July.”
The International Monetary Fund warns that the world economy has lost momentum from the impact of higher interest rates, the invasion in Ukraine and widening geopolitical rifts.
[CutID: <Cuts> IMF-GLOBAL-ECONOMY-house-q-TUEam.mp3
Time: 22s
Title: IMF-GLOBAL-ECONOMY-house-q-TUEam
Out-cue: back in July]
TAG: Correspondent Jeremy House reporting. The deceleration comes at a time when the world has yet to fully mend from a devastating but short-lived COVID-19 recession in 2020 and now could see fallout from the Middle East conflict — particularly to oil prices.
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VERBATIM: The IMF says the global economy now faces a new threat from the war between Israel and Hamas militants. The IMF says it expects global growth to slow to 2.9% in 2024 from an expected 3% this year. The 2024 forecast is down slightly from the 3% it predicted back in July.