Stimulus
IMF says Europe's growth more durable, warns of 'disruptive' Brexit threat
Europe's economy is now hitting its stride, the International Monetary Fund said on Monday, but a disruptive Brexit could result in "appreciably" lower growth for both Britain and the eurozone.
The IMF's latest Regional Economic Outlook, which looks at more than 40 countries from Germany and the UK to Turkey and Russia, said the current recovery looks increasingly assured.
China manufacturing index expands at slower pace
China's economic recovery stabilised in April, an official factory activity gauge showed May 1, as the property market recovered and credit grew.
The Purchasing Manager's Index (PMI), tracking activity in factories and workshops, rose for the second successive month, the National Bureau of Statistics said.
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Rare cloud formation observed in western Turkey
A rare cloud formation in western Turkey has gone viral on social media, dubbed "a portal to heaven."
A cloud over the Söke district of the Ayd?n province initially appeared as a ring on the evening of March 10. As the sun began to set, the circumference of the ring grew larger and the lower rim of the cloud approached the horizon.
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