IMF upgrades 2026 global growth outlook as AI boom in Asia continues

The International Monetary Fund on Monday raised its 2026 global growth forecast to 3.1 percent from 3.0 percent projected in July as robust artificial intelligence-related exports in parts of Asia continued, cushioning the economic impact of the war in Iran."Two major transformative forces -- geopolitics and technology -- are reshaping the global economy, with their short-term impact gradually coming into view and their longer-term impact still largely unknown," the IMF said in its latest World Economic Outlook report.The key quarterly report said exports from South Korea and Taiwan, which…READ FULL ARTICLE