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IMF says UK economy to grow this year in big U-turn
IMF says UK economy to grow this year in big U-turn
Business and Economy
by  AFP

The IMF on Tuesday delivered a major U-turn on its forecast for the UK economy, saying it expected growth this year, just one month after predicting a contraction. The news comes after the Bank of England forecast earlier this month that the UK economy would avoid recession this year despite the country's annual inflation stuck above 10 percent.

TikTok 'confident' of stopping Montana ban: CEO
TikTok 'confident' of stopping Montana ban: CEO
Business and Economy
by  AFP

TikTok is confident of stopping a ban in the US state of Montana, its CEO said on Tuesday, after the Chinese-owned social media app launched a legal challenge. The video-sharing app, owned by Chinese firm ByteDance, is accused by a swathe of US politicians of being under the tutelage of the Chinese government and a tool of espionage by Beijing, something the company furiously denies. th/kir