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Global News Podcast · News

IMF upgrades global economy outlook

2026-10-13 · 31 min · 3 min read

The IMF has partially reversed the cuts it made to its global growth forecasts after the Middle East war began, telling its Bangkok annual meeting that AI investment had offset the dual shock of energy disruption and trade contraction by more than expected. The same episode covered the Houthi-triggered closure of Riyadh's King Khalid International Airport, the mortal dangers facing sexual violence survivors in Iraq, first-hand testimony from Taliban cave bases 25 years on, and the emergency-dispatch confusion that followed a failed execution in Tennessee.

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What this episode answers

  • Why did the IMF raise its global growth forecast this time?

    Energy supplies found alternative routes and the drop in US-China trade was offset by both countries expanding commerce with third nations; on top of that, massive AI investment centred on the US and UK helped cancel out part of the downward revision made six months ago.

  • What is the situation at King Khalid International Airport in Riyadh, and how are authorities responding?

    The airport has been shut until at least Saturday after three deadly Houthi attacks in four days; authorities are investigating why missiles and drones were not intercepted and are reported to have redeployed some air-defence systems to protect government palaces and critical energy infrastructure.

  • Why is it so difficult for sexual violence survivors in Iraq to speak out, and what dangers do they face?

    Women who file complaints face family pressure to stay silent for the sake of honour, with hints of honour killing; a prominent women's rights activist was shot dead outside her Baghdad home and no one has been charged, while other activists receive death threats.

  • How do former Taliban fighters view life in the caves and the current Taliban government?

    The caves were hand-dug, extremely cramped spaces where fighters survived on minimal supplies; five years after retaking power, former fighters hope the benefits of city life will reach the countryside, but they carefully avoid any criticism of the Taliban.

  • What confusion arose in emergency communications after the failed execution of Krista Pike in Tennessee?

    Two lethal injections both failed, and when the prison called for an ambulance first responders could not tell whether it was a real emergency or a hoax — authorities released audio recordings of the bewildered exchange.

IMF Upgrades Global Growth Forecast — War and AI Pull in Opposite Directions

The IMF used its Bangkok annual meeting to partially walk back the downward revisions it had made to global growth forecasts since the Middle East war began, predicting a modest improvement. IMF Chief Economist Silvana Tenreyro said the economy had "shown its underlying strength, but is approaching its limits," adding that the challenge ahead is to shift from coping to rebuilding — restoring fiscal space and supply-side resilience.

BBC Economics Editor Faisal Islam, reporting from Bangkok, explained that a negative double shock and a positive shock had "cancelled each other out by more than expected." On the energy side, the closure of the Strait of Hormuz has not been fully compensated for, but alternative routes have been secured. US-China bilateral trade has fallen, yet both countries have significantly expanded commerce with third nations. Beyond that, a "surprisingly" large wave of AI investment has underpinned the global economy, particularly in the United States and the United Kingdom, pushing back the pessimism that had taken hold. Islam cautioned, however, that the duration of the energy shock and the staying power of the AI boom both remain uncertain.

Houthi Attack Closes Riyadh's International Airport

King Khalid International Airport in Riyadh, the Saudi capital, has been shut until at least Saturday after coming under attack by the Iranian-backed Houthis of Yemen. Three deadly attacks were recorded over four days, and within the most recent hours alone three missiles were shot down north of the city.

Regional correspondent Hugo Bichega reported that flights to other cities, including Jeddah, have also been partially suspended, spreading disruption further. Authorities have opened an investigation into why missiles and drones were not intercepted; some air-defence systems are reported to have been redeployed to protect government palaces and critical energy infrastructure. The energy minister declared that every attack would be met with a serious response. Saudi Arabia continues to carry out air strikes in Yemen, though there are growing indications that a military solution is out of reach and a diplomatic settlement is inevitable.

Iraq's Sexual Violence Survivors — Speaking Out Means Risking Your Life

BBC Arabic's Saleh Nabil reported from Baghdad. A woman referred to by the pseudonym Amel testified that her daughter had been raped by her own father almost five years ago. She went to the police with medical documents including DNA evidence, but once her husband realised he was about to be arrested he called his relatives and told them — in words that implied they should "wipe away the shame" if he was detained. The phrase was a clear allusion to honour killing. The trial is ongoing and the father remains at large.

Prominent women's rights activist Yanner Mohammed was shot dead outside her Baghdad home earlier this year and no one has been charged. Another activist, Sara, continues to publish survivors' videos on Instagram — simultaneously exposing perpetrators socially and preserving material as legal evidence. The Iraqi government received roughly 300 sexual harassment complaints this year, though the real figure is believed to be far higher. A spokesperson for the Interior Ministry described it as "a very limited problem."

The Taliban's Caves — Testimony Twenty-Five Years On

This month marks 25 years since US forces drove the Taliban from Afghanistan. The BBC gained access to caves the Taliban used as secret bases for 20 years during their time underground. Former fighters interviewed by reporter Haun Hamoush described the caves as "hand-dug, extremely cramped dungeons." Surviving on minimal supplies to avoid detection by US and Afghan military operations, they planted IEDs and landmines around the entrances and at times took refuge in madrassas in Pakistan. Five years after retaking power, one former fighter who said he had been able to visit a city centre "for the first time" expressed hope that rural areas would also benefit — while carefully stopping short of any criticism of the Taliban.

Tennessee Execution Fails — Emergency Responders Left Confused

Tennessee authorities have released audio of emergency calls made after the botched execution of murderer Krista Pike. Two lethal injections were administered but failed to cause death, and when the prison called for emergency medical assistance, first responders could not determine whether the call was genuine or a hoax. The released audio captures exchanges to the effect of: "We're trying to confirm whether this is actually happening and whether we need to send an ambulance and police."

Takeaways

  • The IMF has partially reversed its post-Middle East war downgrade, as AI investment offset the double shock of energy and trade disruption by more than expected.
  • Three Houthi attacks in four days forced Riyadh's King Khalid International Airport to close, drawing international attention to vulnerabilities in Saudi Arabia's air-defence systems.
  • In Iraq, women who report sexual violence face the threat of honour killing, and activists who champion their cause have been murdered with no one charged.

世界経済中東紛争イラク女性問題タリバンIMF

This article is edited from a machine transcript of the first 30 minutes of the episode. It is not an official summary — please listen to the episode itself.