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World Bank upgrades global growth outlook on resilient US economy
World Bank upgrades global growth outlook on resilient US economy
by  AFP

The World Bank raised its global growth outlook on Tuesday on the back of resilient consumer spending in the United States, but warned that growth remains weak by historical standards. The World Bank upgraded its 2024 growth forecast for the world's advanced economies to 1.5 percent -- up 0.3 percentage points -- due almost entirely to a sharp rise in its projected outlook for the United States.

UK PM woos voters with tax cuts and home ownership
UK PM woos voters with tax cuts and home ownership
by  AFP

UK leader Rishi Sunak on Tuesday sought to get his lacklustre general election campaign back on track by promising voters tax cuts and lower immigration as he launched his Conservative party's manifesto.

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