The International Monetary Fund (IMF) has given a brighter outlook in its latest report, predicting that inflation will slow and European economies had shown more resilience. The agency says the abandonment by China of its zero-Covid policy has paved the way for a faster-than-expected recovery for most countries. Growth is now expected to be 2.9%.

Weeks of unrest and road blockades have left entire cities isolated from the rest of the country. We hear from local businesses about the economic impact of Peru's political crisis.

Also in the programme, we take a look at Pakistan, where economic turmoil has sunk the rupee to record lows as the government increases fuel prices.

And as the cost of the living continues to rise, we discuss the latest data about alcohol sales across Europe.

The company owned by Asia's richest man Gautam Adani has issued a detailed rebuttal of allegations of wrongdoing by short seller Hindenburg Research.

Adani Group, an Indian conglomerate, had more than $50 billion wiped off its stock market value last week.

In a document, which runs to more than 400 pages, Adani Group says the report is a "calculated attack on India".

It also said that it had complied with all local laws and had made the necessary regulatory disclosures. Hindenburg says its main allegations have still not been addressed.

It was a pretty extraordinary day on India's main stock exchange on Friday. Shares in the business empire of Asia's richest man Gautam Adani plunged some 20 per cent, extending earlier losses at the Adani Group to some $45 billion. The price fall comes after a report by an American firm alleging stock manipulation and accounting fraud, claims the company denies.

Businesses and residents share their views on how soaring prices are impacting Dresden, a manufacturing powerhouse in the East of Germany. Join us to find out how the capital of Saxony is coping with the cost of living crisis.

The hackers have been hacked - a prolific international ransomware operation has been shut down by US, German and Dutch officials. The criminal network, Hive, is said to have targeted over 1,500 victims worldwide in the past 18 months and extorted over $100 million. FBI director Christopher Wray said the operation had recovered over 1,300 decryption keys for victims since July 2022 and had prevented $130 million in ransomware payments.

(Picture: Cropped Hand Of Computer Hacker Typing On Keyboard. Picture Credit: Getty Images)

The US economy did better than expected at the end of last year, despite higher borrowing costs and rising cost of living. The economy grew at an annual rate of 2.9% in the last three months of 2022.

IBM has become the latest tech company to announce layoffs. The software and consulting firm has said it will cut 3,900 jobs.

One of India's biggest companies, the Adani Group, says it's considering taking legal action against a US investment firm, Hindenburg Research, that's raised concerns about its finances. The US company alleged that the Adani Group had improperly used offshore tax havens and that some of its key listed companies had substantial debt. The Adani Group has denied the allegations.

Donald Trump will be allowed back onto Facebook and Instagram, after Meta announced it would be ending its two-year suspension of his accounts.

The suspension will end "in the coming weeks", the social media giant said.

The then-US president was indefinitely suspended from Facebook and Instagram after the Capitol riots in 2021.

Republicans have been pressing for Mr Trump to be allowed back on Facebook as he prepares to run for the presidency again next year.

(Picture: SAN ANSELMO, CALIFORNIA - JANUARY 08: The suspended Twitter account of U.S. President Donald Trump appears on an iPhone screen on January 08, 2021 in San Anselmo, California. Picture Credit: Getty Images).

US Treasury Secretary Janet Yellen was on an official tour in Africa as she vows to strengthen ties with the continent. This comes as China continues to increase its influence there.

India's richest man has seen more than 10 billion dollars wiped off the value of his companies. That follows a report by the Hindenberg Research group targeting the conglomerate owned by Gautham Adani.

The Cairo International Book Fair in Egypt will see attendants be able to buy books in instalments. This is because the price of books continues to increase due to rising inflation. This has lead to some Egyptian authors cutting back on the length of their writing to be more economical.

The US Department of Justice and eight US states have filed a case against Google alleging it has too much power over the online ad market.

Online advertising accounts for the lion's share of Google's multibillion dollar revenue.

Google is the market leader, but its slice of total US digital ad income has fallen from 36.7% in 2016 to 28.8% in 2022, according to market research firm Insider Intelligence.