Video: Dáil pays tribute to Creeslough victims; IMF warns 'the worst is yet to come'

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Creeslough funerals

Two funerals have been held in Creeslough, Co Donegal following the deaths of 10 people in an explosion on Friday afternoon.

Jessica Gallagher (24) and Martin McGill (49) were remembered in separate services at St Michael's Church in the village on Tuesday. The remaining funerals will take place over the coming day.

Elsewhere, Oireachtas members paid tribute to the victims in the Dáil on Tuesday afternoon, with the Taoiseach describing them as a representation of "everything good and kind and beautiful about Creeslough, Donegal and our country".

Cost-of-living supports

The Cabinet has approved on lump-sum payments to be paid to households between now and Christmas as part of the cost-of-living support package announced as part of Budget 2023.

The €1.2 billion package will focus on pensioners, carers, people with disabilities, and working families.

The autumn double payment will be rolled out from October 17th, benefitting 1.4 million people.

Recession warnings

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The International Monetary Fund (IMF) cut its global growth forecast for 2023 on Tuesday amid colliding pressures from the war in Ukraine, high energy and food prices, inflation and sharply higher interest rates, warning that conditions could worsen significantly next year.

The IMF said its latest World Economic Outlook forecasts show that a third of the world economy will likely contract by next year, marking a sobering start to the first in-person IMF and World Bank annual meetings in three years.

"The three largest economies, the United States, China and the euro area will continue to stall," IMF chief economist Pierre-Olivier Gourinchas said in a statement.

"In short, the worst is yet to come, and for many people, 2023 will feel like a recession."

Madeline McCann suspect

The prime suspect in the disappearance of Madeleine McCann has been charged with several sex offences, German prosecutors said.

Reports state one of the offences relates to the alleged rape of an Irish woman in Portugal in 2004.

Convicted sex offender Christian Brueckner is accused of committing five offences between 2000 and 2017 in Portugal, the public prosecutor’s office in Braunschweig said, with the charges not related to the McCann case.

Investigators believe the 45-year-old killed Madeleine, then three-years-old, after abducting her from a holiday apartment in Praia da Luz, Portugal, on May 3rd 2007.

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