The World Bank cut its outlook for global growth this year and said two-thirds of economies have seen prospects deteriorate as the Middle East war disrupts commodity flows and raises the cost of imports.
The World Bank cut its outlook for global growth this year and said two-thirds of economies have seen prospects deteriorate as the Middle East war disrupts commodity flows and raises the cost of imports.
Argentina’s Impsa SA is in talks with the Venezuelan government to restart manufacturing and repairs on turbines for the Andean nation’s sprawling Guri dam complex, according to the company’s top executive.
Argentina’s Impsa SA is in talks with the Venezuelan government to restart manufacturing and repairs on turbines for the Andean nation’s sprawling Guri dam complex, according to the company’s top executive.
International Monetary Fund Managing Director Kristalina Georgieva and Venezuelan economic official Calixto Ortega held talks in Washington, the IMF head’s first in-person meeting with country’s authorities since the fund resumed formal engagement with Venezuela last month.
International Monetary Fund Managing Director Kristalina Georgieva and Venezuelan economic official Calixto Ortega held talks in Washington, the IMF head’s first in-person meeting with country’s authorities since the fund resumed formal engagement with Venezuela last month.
Kristalina Georgieva, managing director of the International Monetary Fund (IMF), at a news conference during the International Monetary Fund (IMF) and World Bank Spring meetings at the IMF headquarters in Washington, DC, US, on Friday, April 17, 2026. The International Monetary Fund downgraded its growth projection for the year after the war in the Middle East triggered a major oil shock and included the possibility of a downturn if the conflict drags on and energy infrastructure is severally damaged. Photographer: Samuel Corum/Bloomberg
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