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After criticizing the pope, Trump slams Italy's Meloni over lack of support for Iran war

After criticizing the pope, Trump slams Italy's Meloni over lack of support for Iran war

Italian Premier Giorgia Meloni's relationship with Donald Trump appears strained
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Exclusive-German government halves 2026 growth forecast to 0.5% amid Iran war, source says

Exclusive-German government halves 2026 growth forecast to 0.5% amid Iran war, source says

By Holger Hansen BERLIN, April 16 (Reuters) - The German government has halved its growth forecast for 2026 and has also cut its growth prediction for 2027, while raising its inflation projections, a source told Reuters on Thursday, as the Iran war drives up oil and gas prices.
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STOXX 600 on track for fourth weekly win on hopes for Mid-east conflict resolution

STOXX 600 on track for fourth weekly win on hopes for Mid-east conflict resolution

April 17 (Reuters) - A subdued STOXX 600 was on track to notch its fourth straight weekly gain on Friday as cautious investors waited for a potentially pivotal weekend that could bring the Middle East conflict closer to resolution.
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Pirelli raises prices as part of Middle East crisis mitigation plan

Pirelli raises prices as part of Middle East crisis mitigation plan

MILAN, April 16 (Reuters) - Italian premium tyremaker Pirelli said on Thursday it had activated a "mitigation plan" to limit the effects of the ongoing Middle East crisis, which includes price increases and additional cost cuts.
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Iran war presents risk to euro zone growth and inflation outlook, Lagarde says

Iran war presents risk to euro zone growth and inflation outlook, Lagarde says

WASHINGTON, April 17 (Reuters) - The Iran war could drag euro zone growth lower and push inflation above already increased projections, requiring the European Central Bank to remain vigilant, ECB President Christine Lagarde said on Friday.
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Spain calls for joint EU debt issuance to cut costs

Spain calls for joint EU debt issuance to cut costs

WASHINGTON, April 16 (Reuters) - Spanish Finance Minister Carlos Cuerpo called on Thursday for more joint EU debt issuance, arguing the lower cost of borrowing that would follow would save taxpayers' money and help finance the much-needed investment.
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IMF cuts growth forecasts for Germany as Iran war pushes up inflation

IMF cuts growth forecasts for Germany as Iran war pushes up inflation

By Maria Martinez BERLIN, April 14 (Reuters) - The International Monetary Fund cut Germany's growth forecasts for this year and next on Tuesday, in its largest downgrade among big euro zone economies, and raised its inflation projections as the Iran war drives up oil and gas prices.
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Factbox-IMF's Middle East war scenarios on global growth: weaker, worse and really bad

Factbox-IMF's Middle East war scenarios on global growth: weaker, worse and really bad

April 14 (Reuters) - The International Monetary Fund on Tuesday issued three scenarios for the global GDP growth path in 2026 and 2027 amid massive uncertainty over the war in the Middle East, with its main "reference forecast" assuming a short-lived conflict and energy price disruptions fading
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IMF cuts growth outlook, warns of potential global recession if Iran war worsens

IMF cuts growth outlook, warns of potential global recession if Iran war worsens

By David Lawder WASHINGTON, April 14 (Reuters) - The International Monetary Fund cut its growth outlook on Tuesday due to Iran war-driven energy price spikes and supply disruptions and warned that the global economy would teeter on the brink of recession if the conflict worsens and oil stays above $
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UK hit with big IMF growth downgrade as Iran war fuels inflation

UK hit with big IMF growth downgrade as Iran war fuels inflation

By William Schomberg WASHINGTON, April 14 (Reuters) - Britain suffered the sharpest cut to economic growth forecasts for large rich economies by the International Monetary Fund on Tuesday, reflecting the country's costly exposure to the inflationary impact of the Iran war.
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Bessent disparages IMF, World Bank forecasts, says US will quickly cycle through higher prices

Bessent disparages IMF, World Bank forecasts, says US will quickly cycle through higher prices

By Andrea Shalal WASHINGTON, April 14 (Reuters) - U.S.
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US families contest Italian law restricting citizenship by descent in highest court

US families contest Italian law restricting citizenship by descent in highest court

Two U.S. families have gone to Italy's highest court to challenge a law limiting citizenship claims to Italian descendants removed by more than two generations