IMF Managing Director Kristalina Georgieva says 2023 to be another “tough year” for the global economy.The International Monetary Fund (IMF) is not expected to downgrade its forecast for 2.7 percent growth in 2023, the head of the global lender has said, noting that concerns about an oil price spike had failed to materialise and labour markets remained strong. IMF Managing Director Kristalina Georgieva said 2023 would be another “tough year” for the global economy and inflation remained stubborn, but she did not expect another year of successive downgrades like those seen last year, barring unexpected developments. “Growth continues to slow…
Author: National Tone
The death of Keenan Anderson, the cousin of a Black Lives Matter co-founder, has sparked outcry in the United States and renewed scrutiny of the Los Angeles Police Department (LAPD), which repeatedly Tasered the English teacher before he went into cardiac arrest. “They’re trying to George Floyd me. They’re trying to George Floyd me,” Anderson, 31, can be heard saying in police body camera footage, in reference to the police killing of Floyd in 2020 that sparked mass racial justice protests around the world. In the footage, dated January 3 and released this week, police tell Anderson to “stop resisting”…
Toronto Maple Leafs star Auston Matthews will not play in Thursday’s game against the Detroit Red Wings. The 25-year-old did not take part in the pre-game warmup. Auston Matthews is not on the ice for warmups in Detroit. — luke fox (@lukefoxjukebox) January 12, 2023 Matthews sat out with an undisclosed injury on Wednesday when the Maple Leafs beat the Nashville Predators 2-1. Head coach Sheldon Keefe did not elaborate on the injury when talking with reporters on Thursday. He said Wednesday it was a lingering issue and called Matthews’ status day-to-day. The 2021-22 NHL MVP has 20 goals and 27 assists…
Former Proud Boys leader Enrique Tarrio and four lieutenants charged with seditious conspiracy in the Capitol attack “took aim at the heart” of United States democracy on January 6, 2021, a federal prosecutor told jurors as their high-profile trial opened in Washington. Jurors began hearing opening statements on Thursday, more than two years after members of the far-right group joined a pro-Donald Trump mob in attacking the Capitol. Assistant US Attorney Jason McCullough said the Proud Boys knew that the prospects of a second term in office for Trump were quickly fading as January 6 approached. So the group leaders…
Rising US consumer prices moderated again last month, bolstering hopes that inflation’s grip on the economy will continue to ease this year and possibly require less drastic action by the Federal Reserve to control it. Inflation declined to 6.5 percent in December compared with a year earlier, the government said Thursday. It was the sixth straight year-over-year slowdown, down from 7.1 percent in November. On a monthly basis, prices actually slipped 0.1 percent from November to December, the first such drop since May 2020. The softer readings add to growing signs that the worst inflation bout in four decades is…
Joe Biden says his administration is ‘cooperating fully’ with Justice Department review of handling of classified files.A “small number” of classified documents have been found at United States President Joe Biden’s residence in the state of Delaware, the White House has confirmed, saying the files were turned over to the Department of Justice. White House special counsel Richard Sauber said on Thursday that documents with classified markings that date back to Biden’s time as vice president were found in the garage at the now-president’s home in Wilmington, Delaware. A one-page, single document was found in a room adjacent to the…
The Vancouver Canucks announced Thursday that forward Tanner Pearson will miss the remainder of the 2022-23 season after undergoing a second hand surgery due to a setback in his initial recovery. .acf-block-preview .instagram-twitter-container width: 340px; margin: 0 auto; Pearson, 30, sustained the injury to his hand back in November. The team had originally set his recovery timeline at 4-6 weeks, which would have seen him return around mid-December or later. In 14 games to begin the season, Pearson had a goal and five assists. He has not played since the Canucks’ 5-2 loss to the Montreal Canadiens on Nov. 9.…
Urging Indian youth to make an impact on the global scene, Prime Minister Narendra Modi said that the foundation laid in the last eight to nine years in every domain has prepared the runway for the youth to take off and achieve new heights. Speaking after the inauguration of the 26th National Youth Festival at Hubballi, Modi said, “For every mission a foundation is required. Whether it is the economy or education, sports or startups, skill development or digitisation… In every domain, a strong foundation is laid in the last eight to nine years. The runway is ready for your…
Over the past few months, Russia and Armenia’s relationship has become fraught with tension over the disputed Nagorno-Karabakh region.Russia has blamed Armenia for a breakdown in peace talks with Azerbaijan over the disputed Nagorno-Karabakh region in the latest sign of friction between Moscow and Yerevan over the conflict. For months, Armenia and Azerbaijan, both former Soviet republics, have tried to discuss a peace deal for the contested region in the South Caucasus. Nagorno-Karabakh is internationally recognised as part of Azerbaijan but is home to a mainly ethnic Armenian population. The two neighbour’s conflict over the region began at the start…
Former Premier League player Richard Rufus has been jailed after defrauding his friends and family members out of £15m.Ex-Charlton Athletic defender Rufus was sentenced to seven-and-a-half years after he claimed to be a successful foreign exchange trader and convinced victims to invest in his “low-risk” scheme.The 47-year-old was found guilty of fraud, money laundering and carrying out a regulated activity without authorisation at Southwark Crown Court on Thursday.Rufus falsely claimed to have made multi-million pound returns for a church and good returns for other footballers or ex-footballers.Rufus made 288 league appearances for Charlton between 1993 and 2004, and also made…