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Wednesday Briefing: A Downgrade in Global Growth

President Trump's trade war is expected to slow economic growth across the globe this year, the International Monetary Fund said yesterday in a major report. The I.M.F. forecasts that global output will slow to 2.8 percent this year from 3.3 percent in 2024. Pope Francis' coffin will be taken in a procession today to St. Peter's Basilica, where it will lie in state for about three days. Both the Kremlin and President Volodymyr Zelensky of Ukraine suggested this week that they would be open to direct negotiations on a cease-fire. Denim, whiskey, sushi -- Japan may not have invented them, but the country is front of mind when they come up.

Original article source: https://www.nytimes.com/2025/04/22/briefing/global-growth-pope-funeral-russia-ukraine-talks.html
Source Id: 2025-04-698222261

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