IMF warns of global GDP shock if AI bust happens
IMF managing director Kristalina Georgieva warns that an AI bust could wipe 1% off global GDP, rising to 1.8% in the U.S. The warning came as global tech and semiconductor stocks fell. We go to Ohio, where growing opposition to data centres is becoming a key issue ahead of the US midterm elections. Plus, Formula One announces a 10-year deal for Rwanda to host an African Grand Prix from the early 2030s. And singer Raye questions whether the ticketing industry is fit for purpose. Presenter: Vishala Sri-Pathma Producers: Craig Henderson and Neggeen Sadid (Picture: IMF Managing Director Kristalina Georgieva speaks during the 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group in Bangkok, Thailand, 13 October 2026. Credit: Rungroj Yongrit/EPA)