IMF warns of higher recession risk and darker global outlook
Washington(AP/PTI): The International Monetary Fund is once again lowering its projections for global economic growth in 2023, projecting world economic growth lower by USD 4 trillion through 2026.
Kristalina Georgieva, managing director of the IMF, told an audience at Georgetown University on Thursday that things are more likely to get worse before it gets better", saying the Russian invasion of Ukraine that began in February has dramatically changed the IMF's outlook on the economy.
Many countries are already seeing major impacts of the war on their economies.
Georgieva said the institution downgraded its global growth projections already three times. It now expects 3.2 per cent for 2022 and now 2.9 per cent for 2023.
The risks of recession are rising, she said, adding that the IMF estimates that countries making up one-third of the world economy will see at least two consecutive quarters of economic contraction this or next year.
The projections come after the OPEC+ alliance of oil-exporting countries decided on Wednesday to sharply cut production to support sagging oil prices in a move that could deal the struggling global economy another blow and raise politically sensitive pump prices for US drivers just ahead of key national elections. (AP)
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Woman killed by tenants while collecting rent in Ghaziabad
Ghaziabad(UP) (PTI): A 48-year-old woman was killed allegedly by her tenants when she went to their flat to collect rent, police said on Thursday.
The deceased, identified as Deepshikha Sharma, was killed around 11 pm at Aura Chimera Society, Assistant Commissioner of Police (ACP) Nandgram Upasna Pandey said.
Preliminary investigation revealed that Deepshikha and her husband, Umesh Sharma, owned two flats in the society, one of which had been rented out to a couple.
She went to the rented flat to collect rent but did not return till late night, raising suspicion.
Her maid, along with neighbours, went to the flat to look for her, following which Deepshikha's body was recovered stuffed inside a red bag from the flat, the ACP said.
Police were informed at around 11.15 pm through the PRV, after which a team reached the spot and arrested the couple, identified as Ajay Gupta (35) and Akriti Gupta (33), she said.
A case was registered and the body was sent for post-mortem examination. Further investigation is underway, the ACP added.
#WATCH | Amethi, UP: On Landlady murdered over rent dispute, UP Women Commission Member Priyanka Maurya says, "... This incident has disgraced humanity. It is saddening and painful to hear about incidents like this. The couple have been arrested, and I believe strict action will… pic.twitter.com/Nj88sbYmHg
— ANI (@ANI) December 18, 2025
