The IMF, which is meeting in Washington this week, downgraded its outlook for global growth and forecasted that economic output would be the weakest since forecasts were made in 1990. Its Chief Economist, Pierre-Olivier Gourinchas, described that “we are entering a perilous phase during which economic growth remains low by historical standards and financial risks
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Cassette sales have hit their highest level since 2003, according to new research. The British Phonographic Industry found they’ve increased for 10 consecutive years, although they remain much lower than vinyl. The total number of sales have risen from 3,823 in 2012 to more than 195,000 in 2022. This has been driven by recent releases
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In this article GOOG Follow your favorite stocksCREATE FREE ACCOUNT Rick Osterloh, senior vice president of devices and services at Google Bloomberg | Bloomberg | Getty Images Google will launch its first foldable smartphone sometime in June, challenging Samsung’s market-leading foldable phone business, according to internal communications viewed by CNBC. It plans to announce the
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The chief executive of British power firm SSE says a rapid build-out of renewable projects can help the U.K. to secure its energy security and bring costs down for consumers. “Consumers everywhere across Europe have seen prices rise significantly,” SSE CEO Alistair Phillips-Davies told CNBC’s Arabile Gumede from the firm’s Viking Wind Farm in the
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9:52 AM ET D’Arcy MaineESPN.com Novak Djokovic made his return to tennis last week in Monte Carlo, after more than a monthlong absence. Unable to enter the United States because of his unvaccinated status, the 22-time major champ didn’t participate in either of the Sunshine Double events in Indian Wells and Miami. Editor’s Picks In
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Russia is continuing to bombard areas of east Ukraine, with their assault on Bakhmut now entering its endgame, according to Sky’s Defence and Security Analyst Professor Michael Clarke. Read the latest updates from Ukraine here: https://news.sky.com/story/ukraine-war-latest-russian-general-sacked-in-most-senior-military-dismissal-of-2023-macron-in-china-for-talks-12541713 #ukraine #russia #war #screen #michaelclarke SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews
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12:53 AM ET ESPN News Services SACRAMENTO, Calif. — Golden State Warriors forward Draymond Green was ejected from a playoff game after stomping on the chest of Sacramento Kings forward Domantas Sabonis. The play happened in the fourth quarter of Game 2 of the first-round playoff series Monday night after Stephen Curry grabbed a defensive
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The number of companies entering insolvency hit its highest level for more than three years in March, according to official figures. Commentators blamed a combination of higher interest rates and wider inflation for the 16% increase recorded last month across England and Wales. The Insolvency Service reported 2,457 corporate insolvencies – up from 1,784 in
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Wall Street Journal reporter Evan Gershkovich has appeared in a Russian courtroom to appeal against his pre-trial detention. The reporter was formally charged with spying in Russia earlier this month and has been held at the notorious Lefortovo prison in Moscow since. He faces up to 20 years behind bars if convicted. On Tuesday, the
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