IMF global economic forecast shows 'resilience under strain'

The International Monetary Fund (IMF) forecasts that global economic output will slow to 3.1% this year in spite of geopolitical disruptions, but warns that high inflation and AI share valuations could be risks for financial stability. Also in this edition: Russia says it has exported $320 billion worth of oil and gas to European countries since the start of the full-scale invasion of Ukraine in 2022, despite sanctions. Plus: Dangote refinery extends its IPO deadline by two weeks to attract even more retail investors.