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IMF ups global growth forecast but signals medium-term pessimism
IMF ups global growth forecast but signals medium-term pessimism
Business and Economy
by  AFP

The IMF has raised its outlook for the global economy this year, while maintaining a gloomy forecast over the medium term, according to fresh data published Tuesday. "The global economy continues to display remarkable resilience, with growth holding steady and inflation declining," IMF chief economist Pierre-Olivier Gourinchas told reporters on Tuesday.

Spain's tourism revenue seen hitting new record in 2024
Spain's tourism revenue seen hitting new record in 2024
Business and Economy
by  AFP

Spain's tourism sector is expected to post record revenues again in 2024, the Exceltur tourism association said Tuesday, adding it was concerned at growing anger in the country against overtourism. "Our concern is to continue to grow tourism in Spain so that it is sustainable and does not generate social revulsion," Zoreda said when asked about the growth of these anti-tourism movements.