IMF downgrades global growth outlook to lowest level since financial crisis
Issued on: Modified:
The world economy is set to grow at its slowest pace this year since the 2008 financial crisis - that's according to the International Monetary Fund. The IMF's latest World Economic Outlook predicts global growth of just 3 percent, down 0.2 percent from the previous forecast in July. The IMF also expects Iran's economy to shrink by almost 10 percent because of US sanctions. Plus, Google announces a host of new products, including a Pixel 4 smartphone equipped with motion detection and facial recognition features.