Posthaste: IMF’s gloomy global forecast too ‘optimistic’ — and UK calls first Saturday session since Falklands war to vote on ‘Great new Brexit deal’

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“Where there is a will there is a deal — we have one,” European Commission President Jean-Claude Juncker tweeted early this morning, trumpeting the last-minute Brexit agreement reached with Britain. Juncker says he will recommend EU leaders approve the deal, but the outlook for British Prime Minister Boris Johnson is far less certain. With the Oct. 31 deadline ticking closer, Johnson hopes to get the agreement approved in an extraordinary session of the British parliament this Saturday .

🇪🇺🤝🇬🇧 Where there is a will, there is a #deal – we have one! It’s a fair and balanced agreement for the EU and the UK and it is testament to our commitment to find solutions. I recommend that #EUCO endorses this deal. pic.twitter.com/7AfKyCZ6k9 — Jean-Claude Juncker October 17, 2019The IMF’s forecast this week attracted attention when it warned of the global economy’s “synchronized slowdown and uncertain recovery.” But there were some who saw their outlook as too optimistic. Oxford Economics says in a report that it has a darker view than the International Monetary Fund for 2020. Its economists see global growth at 2.5% both this year and next, well below the IMF’s forecast of 3% and 3.

 

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