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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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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Winds of 70mph left planes swaying in the skies above London as pilots attempted to land during Storm Noa. The cult YouTube aviation channel Big Jet TV was there to capture all the spills and skills necessary to land passenger jets in the howling crosswinds. #metoffice #heathrow #ukweather Storm Noa: Big Jet TV captures passenger
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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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In this article COIN Follow your favorite stocksCREATE FREE ACCOUNT Coinbase is preparing for a years-long court battle with the U.S. Securities and Exchange Commission, the company’s chief executive told CNBC Tuesday, after the regulator warned the cryptocurrency exchange of potential violations of securities law. Last month, the SEC issued Coinbase with a Wells notice,
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Hundreds of thousands of people could be denied their right to vote unless new compulsory voter ID rules are delayed, a former Conservative cabinet minister has warned. Raising the alarm about the impact of forcing voters to produce ID in England for the first time at May’s local elections, Tory grandee David Davis urged the
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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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