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IMF sees slow, steady 2024 global growth; China, inflation pose risks

Business

IMF sees slow, steady 2024 global growth; China, inflation pose risks

The global economy is set for another year of slow but steady growth, the International Monetary Fund said on Tuesday, with U.S. strength pushing world output through headwinds from lingering high inflation, weak demand in China and Europe, and spillovers from two regional wars.

US to hit Iran with new sanctions in "coming days", Yellen says

Iran

US to hit Iran with new sanctions in "coming days", Yellen says

U.S. Treasury Secretary Janet Yellen on Tuesday warned that the U.S. intends to hit Iran with new sanctions in coming days over its unprecedented attack on Israel, and these actions could seek to reduce Iran's capacity to export oil.

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