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Added on the 10/06/2020 11:36:52 - Copyright : AFPTV - First images
The world's economic outlook is "much more pessimistic" as a result of the war in Ukraine, warns Secretary-General Mathias Cormann, as the OECD slashes its 2022 growth forecast and projects higher inflation. SOUNDBITE
The International Monetary Fund's World Economic Outlook now sees world growth of 6.0 percent this year after the contraction of 3.3 percent in 2020 amid the Covid-19 pandemic, IMF chief economist Gita Gopinath says. SOUNDBITE
The global economic crisis will not be quite as grim as feared this year, but GDP will still contract 4.4 percent, the IMF says in its latest World Economic Outlook. "This upgrade owes to somewhat less dire outcomes in the second quarter, as well as signs of a stronger recovery in the third quarter, offset partially by downgrades in some emerging and developing economies," IMF chief economist Gita Gopinath says. SOUNDBITE
"Our economy is the envy of the world perhaps the greatest economy we've had in the history of our country" says Donald Trump as he kicks off his 2020 reelection campaign. SOUNDBITE
Botswana President Mokgweetsi Masisi shows reporters a massive 2,492-carat diamond -- the second largest in the world -- that was discovered in the north east of the country by a Canadian mining company. IMAGES
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