News imageWorld Business Report, IMF warns of global GDP shock if AI bust happens

World Business Report

IMF warns of global GDP shock if AI bust happens

13 October 2026

Available for 29 days

IMF managing director Kristalina Georgieva warns that if an AI bust occurs it would wipe 1% off global GDP rising to 1.8% in the U.S. The warning came as stocks and shares in global tech and semiconductors fell. In the U.S. data centres are a key battleground in the mid-term elections, with many communities opposing them. We go to Arizona and Ohio to hear from those on the ground.

Formula One has announced a 10-year deal for Rwanda to host an African Grand Prix from the early 2030s. An expert tells us more.

And the internationally-acclaimed singer Raye questions whether the ticketing industry is fit for purpose. A ticketing consultant joins us to explain.