Economy Talk
IMF upgrades growth but says resilience "reaching its limits". good or bad?
I read the IMF forecast post. World growth up to 3.1% from 3%. UK up to 1.3%, Korea up to 3.3%. But Middle East and Central Asia now shrinking 0.3%, and Kuwait, Iraq, Qatar very big contraction.
So the headline is better, but the warning is worse? I am confused which part to believe. Can someone explain for a retired person who just likes to understand the world?