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Good morning from the Financial Times.

Today is Wednesday, April 12th, and this is your FT News Briefing.

Europe's airlines say they're going to need a lot of help getting to net zero,

and one of the big four accounting firms has scrapped a contentious plan to break itself up.

But first, a word of warning from the IMF.

I'm Mark Filipino, it hears the news you need to start your day.

The International Monetary Fund has warned in a report that global economies are at risk

if inflation remains high. To talk more about this, I'm joined by our economics editor,

Chris Giles. He's in Washington, D.C. for the fund's big spring meeting.

Hey, Chris. Hey, Mark. So, Chris, what's your big takeaway from this report?

What really jumped out at you?

Well, I think there's two things that jump out at you in the report.

One is that the forecast themselves, which is what would be normally concentrated,

are really very unchanged. They're not too bad. They're not great,

showing us sort of a gradual recovery in the global economy.

23 will be better than 22, 24 will be better than 23,

but none of these years will be bumpy years for the global economy.

But then what really jumps out at you is that the IMF say that,

and then they sort of put their forecast to one side almost immediately,

and telling all the reasons that things will go wrong,

...