Header and navigation menu

Page content

IMF expects world economy to grow a sluggish 3% this year, weighed down by Iran war but helped by AI

The International Monetary Fund (IMF) on Wednesday (July 8) modestly downgraded its outlook for the world economy this year, citing the energy shock caused by the Iran war. But the fallout from the conflict is being partially offset by booming investment in artificial intelligence and other technologies. [...]