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IMF improves global GDP growth forecast to 2.9% in 2023

However, 2024 forecasts deteriorated to 3.1%

WASHINGTON, January 31. /TASS/. International Monetary Fund (IMF) improved its forecast on global GDP growth rate to 2.9% in 2023 and worsened it to 3.1% in 2024, according to the IMF’s World Economic Outlook update.

"Global growth is projected to fall from an estimated 3.4% in 2022 to 2.9% in 2023, then rise to 3.1% in 2024. The forecast for 2023 is 0.2 percentage point higher than predicted in the October 2022 World Economic Outlook (WEO) but below the historical (2000-19) average of 3.8%," the report said. The estimate reflects "positive surprises and greater-than-expected resilience in numerous economies". At the same time, the fund worsened its forecast of the rate of global economic development in 2024 by 0.1 percentage points.

The fund estimates that central bank rate hikes around the world to fight inflation and the conflict in Ukraine "continue to weigh on economic activity". These factors, as well as the situation around COVID-19 in China, "dampened growth in 2022, but the recent reopening has paved the way for a faster-than-expected recovery," the report noted. At the same time, the Outlook update points to "signs that monetary policy tightening is starting to cool demand and inflation, but the full impact is unlikely to be realized before 2024."

In addition, the document stresses that "the balance of risks remains tilted to the downside, but adverse risks have moderated". Negative factors include possible "severe health outcomes in China [that] could hold back the recovery." A potential escalation of the conflict in Ukraine could "tighter global financing conditions could worsen debt distress." "Financial markets could also suddenly reprice in response to adverse inflation news, while further geopolitical fragmentation could hamper economic progress," IMF experts said.

Caucasus Investment Forum to take place in Grozny this year — organizer

The Caucasus Investment Forum "will serve as a platform for negotiations and a place to conclude business contracts for investment projects and public-private partnerships in Russia’s regions," the Foundation said

Three Ukrainian soldiers swim across Dnieper to surrender to Russian troops — governor

Vladimir Saldo called on other Ukrainian servicemen to switch to the Russian side and request the corresponding assistance

Iran threatens to attack Israel's "nuclear centers" in case of aggression on its part

Ahmad Haqtalab argued that Israel had been conducting "subversive and terrorist activities" against the Islamic republic's nuclear infrastructure for year

Russian Aerospace Forces strike five militant hideouts in Syria’s Homs

Yury Popov said that aircraft of the so-called international anti-terrorism coalition, led by the United States, continue to set dangerous precedents in skies above Syria

US 'not forgetting' to help itself with aid to Ukraine — Kremlin

"In any case, whatever the modality of providing this aid, de facto it is about provoking Ukraine into further hostilities down to the last Ukrainian, putting guarantted money in the pockets of the US," Dmitry Peskov said

Israeli Air Force attacks airfield in southern Syria during strike on Iran

According to local sources, a radar station located at a military site along a highway connecting the towns of Qarfa and Izraa was disabled in the attack

Iran suspends flights above several cities amid reports of air attack — IRNA

Fox News said the Jewish state delivered a limited strike on Iran

Ukrainian president admits Russian troops’ advancement

Vladimir Zelensky asked his country’s supporters to provide "everything that helps to hold the frontline," including shells, military vehicles and drones

Argentina’s NATO partnership bid to let US tighten its grip — expert

According to Andrey Pyatakov, the Argentinian authorities' decision is both a declarative step and evidence of the wish to close economic gaps by expanding military-technical cooperation

Russia always prefers talks to fighting, wars, says Lavrov

The first Russian-Ukrainian negotiations after the launch of Moscow’s special military operation in Ukraine took place in Belarus in early March 2022 but the talks yielded no tangible results

Lavrov views situation in Middle East as 'very bad'

According to the top Russian diplomat, the unresolved Palestinian problem fuels the issues that the Middle East is facing

Switzerland does not suit Russia for negotiations on Ukraine — Lavrov

The Foreign Minister pointed to the fact that Switzerland is on board with all Western sanctions

Shoigu orders additional tank protection sets for Ukraine operation

The minister also inspected the training process in Omsk Armor Engineering Institute

Nuclear sites in Iran’s Isfahan province are safe — Tasnim agency

Tasnim refuted foreign media reports about an incident at a nuclear site in Isfahan

Moscow-based embassies of NATO countries helped anti-government groups, Lavrov says

The top Russian diplomat also spoke about the detention in Germany of two people suspected of spying for Russia

Russia’s defense chief inspects production of tanks, flamethrowers at Siberian enterprise

Sergey Shoigu handed down an instruction for the defense enterprise to ramp up the production of T-80BVM tanks, the Defense Ministry said

Hungary to not intervene in Ukrainian conflict on any side, PM says

Viktor Orban believes the first phase of the conflict, which included proposals on sending troops to Ukraine, is over

West can’t comprehend Russia’s resilience — Lavrov

"They would have been scared had anyone come down on them with similar ferocity," the Russian foreign minister added

No foreign state attacks Iran — TV

Earlier, the media reported, citing a US official, that Israel had launched a missile strike on a site in Iranian territory

Ukrainian trace obvious in Crocus City Hall attack — Russian prosecutor general

The law enforcement employees exert efforts to identify the instigators of this crime, Igor Krasnov said

Military base near Iran’s Isfahan hit following attack — newspaper

The sources said that Iranian forces managed to destroy several small drones near the city of Tabriz, about 800 kilometers from Isfahan

Sounds in Isfahan due to air defense work to repel attacks by suspicious objects — general

According to Iranian media reports, three drones were downed by air defenses in the skies over the city of Isfahan

Iran says drones downed over Isfahan launched from country's territory

"A failed attack with a few quadcopters that were shot down cannot be considered a real attack anywhere in the world," a spokesman for Iran’s Supreme Council of Cyberspace said

Putin sees increasing life expectancy as key policy goal for Russia

The Russian leader stressed that "it’s crucial to continue paying great attention to the prevention and treatment of diseases, particularly through the most advanced and cutting-edge methods"

Israel assesses effectiveness, consequences of strike on Iran — media

A spokesman for the Israel Defense Forces declined to comment on the reports of the strike

Hezbollah warns Israel it will fight back if attacks on Lebanon continue

The Lebanese Shiite organization "would not accept that the Israelis transgress the rules of engagement that are currently set in the south" of Lebanon

West frightens voters by 'Russian threat' to win elections — Lavrov

The top Russian diplomat pointed out that the anti-Russian rhetoric of Western politicians in power intensifies as the elections approach

Senior Chinese official to take part in conference on security in Russia — diplomat

The conference will take place from April 23 to 25 in St. Petersburg

Water in Kurgan above dam, breaking records

More than 100 employees of the Russian Ministry of Emergencies are fencing the shores and filling the least reliable dam segments

French president says creating Israeli-type air defense network for Ukraine impossible

Emmanuel Macron added that Europe’s resources are limited, and the European Union will continue helping Kiev keeping in mind its own reserves

US did not 'endorse' Israel’s retaliatory attack, but was warned about it — TV

According to Bloomberg, Israel informed the United States about its plans to strike Iran within the next 24-48 hours

Russian military closely monitors all Ukrainian 'novelties' — Kremlin on UAVs

Earlier, it was reported that Ukraine had developed a UAV with a range of up to 3,000 kilometers

UN Security Council vote exposes practically full isolation of US — Russia’s UN mission

Vasily Nebenzya described the US veto as a "fruitless attempt to stop the inexorable course of history"

Russia delivers 34 strikes on Ukrainian military infrastructure over week — top brass

The Ukrainian army lost more than 3,550 troops, four tanks and five armored combat vehicles in battles with Russian forces in the Donetsk area over the past week, the ministry reported

Agents in Ukrainian, Poland foil attempt to kill Zelensky, security officials in Kiev say

The agency said it and the Office of the Prosecutor General of Ukraine informed their Polish counterparts about the alleged assassination attempt

Kremlin declines to comment on alleged assassination attempt on Zelensky in Poland

The Security Service of Ukraine announced earlier that in a joint operation with law enforcement agencies in Ukraine and Poland it thwarted an attempt to assassinate Ukrainian President Vladimir Zelensky

Founder of neo-Nazi cell in Crimea flees to Georgia — source

According to the official, the investigation established that Mikhail Maurov planned to travel to Ukraine to join the ranks of a right-wing Ukrainian organization called the Freedom of Russia Legion

Effort to grant full UN membership to Palestine will continue — Russian mission

"The UN history has precedents when states were not admitted on their first try. The number of attempts is not limited," Nadezhda Sokolova said

Kiev ordered mandatory evacuation from Kharkov Region to accommodate mercenaries

Evacuation campaigns are regularly organized by the Kiev government, under the pretext of security issues

Swiss parliament votes against joining task force on frozen Russian assets

The group contains US finance and justice ministers, representatives of Australia, the UK, Germany, Italy, Canada, France, Japan, as well as the European Commission

Nord Stream AG's refusal to pay compensation destroys Western insurance system — diplomat

"The West is not only taking state assets and private property, but also threatening to destroy the major civilian infrastructure facilities, which were built with investments and then miraculously blown up, and they have now threatened insurance," Maria Zakharova said

Kremlin condemns 'illegal' seizure of villa from Russian businessman

Dmitry Peskov underscored that Moscow has already made its position clear on this matter

Tehran’s two major airports cancel international flights — Mehr

Imam Khomeini International Airport and Mehrabad International Airport suspended their operations until 10:30 a.m. local time

West wants to make Transnistria hotbed of tension — Lavrov

According to the top Russian diplomat, the leaders who rule countries where they claim to be from while holding foreign passports "will not enjoy support and authority for long"

Lavrov speaks of West’s agony, Russia’s approach to any future talks with Kiev

The Russian foreign minister also described Armenia and Russia as more than formal allies

EU border checkpoint closest to Russia’s St. Petersburg to cut its working hours

The changes were attributed to reconstruction works on the Russian side of the checkpoint Ivangorod

Ukrainians abroad storming embassies to avoid mobilization, Russian diplomat says

On Tuesday, Ukrainian President Vladimir Zelensky signed the mobilization law passed by the Verkhovna Rada (parliament) in the second and final reading on April 11

Russia knows French military instructors working in Ukraine — Lavrov

At the same time, the top Russian diplomat pointed out that "there is information that not only French mercenaries, but also instructors, maybe even together, but along with some other representatives of military and special services of European countries are working there [in Ukraine]"

Russia, Iran maintain contacts on nuclear security - deputy foreign minister

Sergey Ryabkov said that "very soon, Russia and Iran will have new additional opportunities to discuss the situation in the Middle East in general, as well as details of what is going on there at this point"

Kiev continues to openly announce terrorist attacks on Russia — diplomat

Maria Zakharova also pointed to the fact that Ukraine's special services do not give up attempts to "massacre their former compatriots"

EU plans to invest first profits from Russian assets in military aid to Kiev

"I think that the decision has been taken by the member-states - all 27 have agreed that we use the windfall profits following our proposal," Ursula von der Leyen said

Iran done with retaliation, calls for efforts to stop Israel from reckless steps — MFA

According to the minister Hossein Amir-Abdollahian, in the event that Israel uses force against Tehran's interests, "the Islamic Republic of Iran will not hesitate to use its right to give an immediate and decisive response that will make them regret"

Ukraine turns from sovereign country into Western protectorate, Hungarian PM says

Viktor Orban noted that there should be a buffer zone between NATO and Russia and Ukraine could serve as one

Russia ready for Ukraine talks, but not with Zelensky — Lavrov

The first negotiations between Russia and Ukraine after the start of the special military operation took place in early March 2022 in Belarus, but they did not bring tangible results

Crimea, Donbass to forever remain within Russia, Slovak PM tells national parliament

Robert Fico believes Moscow will win in its confrontation with Kiev

Iran has no plans to immediately retaliate to attack on its soil — agency

"We have not received any external attack, and the discussion leans more towards infiltration than attack," a senior Iranian official reported

Security guarantees on Ukraine did not apply to Crimea, Donbass — Lavrov

The Russian Foreign Minister noted that "Ukrainian negotiators came and said that, for example, on the issue of maneuvers with the participation of third countries, let's replace the wording 'if all guarantor countries agree' with 'unless the majority agrees'"

Russia’s advanced radar in Kaliningrad to monitor entire territory of Europe — source

The first Konteiner radar went on combat duty in the Volga area region of Mordovia on December 1, 2019

No plans for pauses in fighting if talks on Ukraine begin, Lavrov says

The Russian foreign minister emphasized that the situation on the ground had changed significantly

Press review: Ukraine, Israel vie for EU’s attention and Georgia passes controversial bill

Top stories from the Russian press on Thursday, April 18th

Colombian president displays interest in country’s entry into BRICS

Brazilian leader Luiz Inacio Lula da Silva welcomed Gustavo Petro’s initiative, "being committed to promotion of Colombia’s candidacy"

One crew member of jet crashed in Stavropol Region killed, search for another continues

According to the Russian Defense Ministry, an Aerospace Forces’ Tu-22M3 bomber crashed after completing a combat mission while returning to the airfield

Kiev lacks both troops and equipment near Chasov Yar in DPR, says retired general

Military commanders of Ukrainian army brigades "lack both personnel and the required amount of equipment" while Russian troops enjoy a considerable superiority, especially in artillery, Sergey Krivonos noted

French, US, British nukes all interwoven — Russian diplomat

Maria Zakharova described France’s decision to place its aircraft carrier, the Charles de Gaulle, directly under NATO control as a symbolic move marking the end of "the era of an independent Paris in the international arena"

Press review: Biden backs aid to Israel, Ukraine and Russia assets giving West legal fits

Top stories from the Russian press on Friday, April 19th

Polish premier refuses to hand over his country’s Patriot systems to Ukraine

Donald Tusk said that German Chancellor’s call to send more air defense systems to Kiev had no relation to Poland, provided the country's geographical position near the frontline

Russian instructors help train over 10,000 Central African troops — CAR president

According to Faustin-Archange Touadera, since becoming the president, his actions have been guided by the need "to modernize the army and take into account new challenges"

MiG-31I fighters receive air refueling system

Another source said MiG-31I differs from previous MiG-K option by "different engines, avionics and missiles"

Ukraine’s military loses positions near Avdeyevka, says DPR

Igor Kimakovsky said that Ukrainian forces suffered heavy casualties among personnel and military hardware, including Western equipment

Russian forces destroy Ukrainian command post, two S-300 missile launchers over day

Russian forces improved their frontline positions and repelled a Ukrainian army counterattack in the Donetsk area where the enemy lost roughly 590 troops over the past day, the ministry reported

Major Western investor accuses Zelensky's office of extorting millions of euros

Arnulf Damerau said that he provided details of the meeting, along with evidence and a list of names of those involved, to US and European intelligence agencies

North Korean leader arrives at public event in Aurus luxury car gifted by Putin

On April 10, the vehicle was also spotted when the North Korean leader visited Kim Jong Il Military and Political Academy

Two pilots of jet that crashed in southern Russia hospitalized

The plane crashed in a field in the Krasnogvardeysky district of southern Russia’s Stavropol Region

US blackmails other countries at United Nations — Russian mission

Dmitry Polyansky said "this shameful neocolonial tactics are fully exposed now in the context of Gaza War"

Chinese car plant to start production at former Mercedes site in Moscow region in May

Earlier it was reported that the German automobile concern Mercedes-Benz plans to sell its enterprise located in the Solnechnogorsk district of the Moscow region

Russia will not 'shake up' relations with Argentina due to its partnership with NATO — MFA

According to Sergey Ryabkov, Russia and Argentina maintain a good dialogue at various levels

Syrian ministry says Israeli jets struck air defense facilities in country’s south

Earlier, the media reported that one of the strikes hit Tha'lah Military Airbase, with several explosions going off there

Russia not to go for settlement on Ukraine based on 'Zelensky formula' — Lavrov

The top Russian diplomat referred to a swindling trick used by a thimblerigger who puts a small round object, such as a ball or pea, under one of three thimbles or cups and asks the player to guess under which the object is, while unfairly manipulating this object

At least 16 Syrian troops killed in terrorists’ ambush in east Syria — TV

According to the Al Hadath television, a military bus was ambushed by members of the Islamic State terrorist group

Iran intends to bolster military cooperation with Russia — envoy to Moscow

Kazem Jalali noted that Iran had demonstrated its ability to ensure security and nudge the region toward a de-escalation

CIA chief says Ukraine could lose by end of this year — Politico

William Burns said "there is a very real risk that the Ukrainians could at least put Putin in a position where he could essentially dictate the terms of a political settlement"

Situation in Iran’s Isfahan stabilizes after drone attack — media

According to the news agency, all reports about fires or explosions have nothing to do with reality

Russia won’t allow NATO to move closer in Ukraine — Lavrov

There is still no full clarity regarding the future of Ukraine's western regions, the Russian foreign minister went on to say

Putin signs law on holding World Friendship Games

Funding will be provided from the federal, regional and local budgets, as well as taxes from gambling transferred to the organizer

West, Kiev indulge in nuclear blackmail by demanding control of ZNPP — Russian MFA

"Without noticing it themselves, they spoke the language of an ultimatum," Spokeswoman Maria Zakharova underlined

Chinese analyst sees US veto on Palestine as reflection of arrogance, double standards

Wang Wen stated that it’s still very hard to achieve a settlement of the Israeli-Palestinian conflict

Russia can join top three countries by lithium reserves — governor

Infrastructure is required to implement the investment project, both power transmission lines and the railroad, Andrey Chibis noted

Nearly half of those present in UN Security Council hall walk out before Israel’s address

israeli Permanent Representative Gilad Erdan was to address the council after Palestinian envoy Riyad Mansour

Pipeline explodes in Kharkov Region

The exact location of the damaged pipeline or the causes of the incident is not reported

Lavrov says Borrell let it slip that Europe ‘fighting against Russia’

Russia’s top diplomat noted that Josep Borrell may made the statement in a moment of weakness

Ukrainian front may collapse this summer — newspaper

According to the newspaper’s assessments, Russia "has never been closer to its goals" in the special military operation zone

Israel to not take responsibility for attack on Iran — newspaper

Israeli sources also said that they did not understand why the Pentagon had leaked information about Israel's involvement in the attack to the media

US blocks Security Council resolution granting full UN membership to Palestine

A total of 12 countries, including Russia and China, voted in favor of the document

Vehicles, equipment participating in Victory Day parade depart for Moscow — ministry

The final rehearsal of the military parade will take place on May 5

Yerevan's refusal to delimit borders with Baku to escalate regional tensions — PM

Nikol Pashinyan pointed out that the demarcation process also involves risks, but they are manageable, after which "Armenia will become ten times stronger"

Zelensky's formula should be put aside for Ukraine talks, Lavrov says

"One should clearly support the need to seek solutions that take into account the balance of security interests and ensure the indivisibility of security," the top Russian diplomat underlined

US gives nod to Israeli operation in Rafah in exchange for canceling major attack on Iran

According to the media outlet, "the US administration will support the plan for a military operation in Rafah put forward earlier," which provides for dividing the city into numbered sectors that will be mopped up one by one

Final statement by G7 top diplomats to call for supplying more air defenses to Kiev

Earlier, Ukrainian Foreign Minister said Kiev required US-made Patriot systems and Italian-French Samp-T theatre antimissile systems

Romania tries to cancel Russian culture by banning films — diplomat

"The National Film Archive of Romania, for political reasons, broke the lease agreements for cinema halls with Russian embassy in Bucharest, which provided for the private screening of the Russian films "The Time of the First" and "The Challenge," Maria Zakharova said

Lavrov describes Georgia’s bill on foreign agents as 'mildest of all'

The top Russian diplomat stressed that the Georgian bill on foreign agents suggested only the need to declare funds, if the organization in question received more than 20% of its funding from abroad

West close to sending military to Ukraine, this would 'drag Europe to bottom' — Orban

"This military whirlpool can drag Europe to the bottom. Brussels is playing with fire and angering God," the Hungarian prime minister said