It’s Tuesday morning – and with the thermometer reading 37C, it’s already scorching under the Tuscan sun, as the European heatwave holds Italy firmly in its grip.
This week the IMF warned the world is teetering on the edge of a global recession. The IMF is now forecasting global GDP growth will be 3.2pc in 2022, revised down heavily since its last forecasts in April. In doing so, the IMF highlighted a plethora of headwinds facing many economies; stronger than expected inflation, fresh Covid19 waves and associated lockdowns in China, the spill-overs from the conflict in Ukraine and interest rate hikes from many Central Banks.
Fanify, a new music promotion tech start-up, plans to raise seed funding of $750,000 after its recent launch.
