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Top 5 world news of today

by SQUID Business Team

Moscow warns Western military aid to Ukraine could lead to ‘unpredictable’ escalation of war

[Euronews] Russia’s defence minister warned Western military aid to Ukraine would potentially drag NATO into the conflict and that it could lead to an “unpredictable” escalation.

Fitch raises China’s growth forecast to 5% for 2023

[channelnewsasia] Rating agency Fitch has revised its forecast for China’s economic growth in 2023 to 5.0 per cent from 4.1 per cent previously as consumption and broader activity are recovering faster than initially anticipated after the end of the “zero-COVID” regime.

US experts warn AI likely to kill off jobs – and widen wealth inequality

[the Guardian] Economists wary of firm predictions but say advances could create new raft of billionaires while other workers are laid off

US sources insist Chinese balloon was military

[BBC] US intelligence sources have insisted the balloon shot down on Saturday was used by the Chinese military for spying.

Fawlty Towers: John Cleese to reboot series with daughter

[Deadline] Basil Fawlty is back. A reboot of John Cleese’s British comedy sensation Fawlty Towers is in the works and Rob Reiner’s Castle Rock Entertainment is developing.

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