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WATCH: Yellen holds news conference during worrying IMF-World Bank spring meetings
WASHINGTON (AP) — U.S. Treasury Secretary Janet Yellen held a information convention Tuesday as the outlook for the planet overall economy this year has dimmed in the deal with of chronically higher inflation, growing fascination charges and uncertainties resulting from the collapse of two massive American banking institutions. View Yellen’s remarks in the player previously mentioned. That is the check out of the International Financial Fund, which on Tuesday downgraded its outlook for world financial advancement. The IMF now envisions development this yr of 2.8 {515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, down from 3.4 percent in 2022 and from the 2.9 {515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} estimate for 2023 it produced in its previous forecast in January. The fund reported…
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Four things to watch out for in the Middle East in 2023
Editor’s Note: A version of this story appears in today’s Meanwhile in the Middle East newsletter, CNN’s three-times-a-week look inside the region’s biggest stories. Sign up here. Abu Dhabi, UAE CNN — The event that dominated the world’s news agenda in 2022 was the Ukraine war and its far-reaching repercussions. Its impact was felt deeply in the Middle East, with the region’s energy supplies, strategic waterways, and even weapons industries playing a key role in the war. Last year saw adversaries of the West strengthening ties with Middle Eastern states, sometimes at the West’s expense. Gulf Arab states, keen to remain neutral in what they saw as a world order…
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Five issues to watch in Kansas’ 2023 legislative session
Democratic Gov. Laura Kelly will begin her second term next week as lawmakers return to Topeka for the 2023 legislative session under the Capitol dome in Topeka. Jill Toyoshiba [email protected] Topeka On the heels of a contentious election cycle, Kansas lawmakers will return to Topeka next week with dynamics largely unchanged from the past two years. The GOP retained its supermajority in both legislative chambers despite losing one seat in the Kansas House, but the party will continue to clash with Democratic Gov. Laura Kelly, fresh off a tight but successful reelection bid. As Kelly seeks to push her agenda – increased funding for special education, a food sales tax…
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