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IMF issues growth warning as it lowers 2023 forecast
IMF issues growth warning as it lowers 2023 forecast
by  AFP

The International Monetary Fund slightly lowered its outlook for the global economy on Tuesday, while predicting that most countries will avoid a recession this year despite economic worries and geopolitical tension. - Germany on brink of recession - While the picture is one of slowing growth, almost all advanced economies are still expected to avoid a recession this year and next.

Inflation means last call for raft of UK pubs: study
Inflation means last call for raft of UK pubs: study
by  AFP

The number of pub closures in England and Wales surged 47 percent in the first quarter from a year earlier as inflation soared, a study showed Tuesday. A joint study Tuesday from the British Retail Consortium and accountants KPMG showed consumers cutting back on purchases of food and drink.

'Revenge of the geeks': Drones battle on Ukraine front
'Revenge of the geeks': Drones battle on Ukraine front
by  AFP

At a Ukrainian training camp near Bakhmut, surrounded by soldiers lugging heavy equipment and firing ear-piercing weapons, a bespectacled man carrying a grey pouch struts jauntily across a field. These are the eyes of the army," said Oleksandr, a soldier in his 30s with a camouflage helmet and a neatly trimmed beard, pulling out a discreet drone from the pouch.

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