World Economic Outlook says states’ oil stocks are low and budgets are overstretched, as it upgrades UK GDP growth forecast for 2026 Developing nations face triple shock, UN warns The global economy “could soon test the limits of resilience”, as emergency oil stocks run low and government budgets become overstretched, the International Monetary Fund has warned. In its twice-yearly World Economic Outlook, the IMF said global growth had withstood the Middle East conflict better than feared over the past six months. Continue reading... from The Guardian https://ift.tt/j0ZKSkT via IFTTT
Writer made international breakthrough with 1980 novel Rituals and won acclaim for his travel writing
The Dutch writer Cees Nooteboom, whose novels, travel writing and translations made him a prominent literary figure in postwar Europe, has died aged 92.
Publishing house De Bezige Bij said in a statement on Wednesday evening that Nooteboom had “passed away very peacefully on his beloved island Menorca”. The statement was made on behalf of the author’s wife, the photographer Simone Sassen.
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