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The International Monetary Fund on Monday boosted its estimates for US growth on expected stimulus spending by the incoming Trump administration, but kept the forecast for global growth unchanged. The IMF's quarterly World Economic Outlook (WEO) however said the forecasts for 2017 and 2018 are beset by uncertainty and risk, including signs of rising protectionism. It sees world growth of 3.4 percent this year and 3.6 percent in 2018, unchanged from the October report, as concerns about slowing in major developing economies were offset by the recovery in advanced economies and China.
WASHINGTON (AP) — The International Monetary Fund on Monday raised its forecast for the U.S. economy over the next two years, saying President-elect Donald Trump's policies should boost economic growth, particularly in 2018. But officials warned that if Trump's protectionist trade proposals set off a trade war, that could be "quite destructive" for the global economy.
By Alistair Smout LONDON (Reuters) - The gunman who murdered 30 Britons on a Tunisian beach in 2015 had been able to walk nearly two miles on his killing spree before being shot dead by security forces, inquests into the deaths heard on Monday. Evidence critical of local authorities' response and of tour operator TUI is expected to form part of the inquiry, a lawyer said. The inquests, being held collectively at the Royal Courts of Justice, are expected to last around six weeks.