UK economy to grow faster than expected but short of Labour pledge, IMF says
Tuesday, 16 July 2024 The International Monetary Fund has confirmed that it is expecting the UK economy to grow faster than previously expected this year.
The IMF may have predicted that the UK will be the fastest-growing European G7 member, but it's not projected to be the fastest-growing European economy overall.
Credit: euronews (in English) Duration: 02:00Published
Ukraine has received $1 billion from a US-backed loan funded by frozen Russian assets, marking the first installment of a $50 billion G7 package aimed at supporting Ukraine's reconstruction. This unprecedented move has sparked legal and political debates, with Russia condemning the asset seizure as theft and vowing to take legal action. The International Monetary Fund warns such actions could undermine global financial trust.
#UkraineAid #RussianAssets #G7Support #FrozenFunds #Reconstruction #InternationalLaw #RussiaUkraineConflict #IMFWarning #GlobalFinance #AssetSeizure #Oneindia #OneindiaNews
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