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Italy to cut growth forecasts as Eurostat delivers deficit verdict

Italy to cut growth forecasts as Eurostat delivers deficit verdict

By Giuseppe Fonte and Gavin Jones ROME, April 22 (Reuters) - Italy is set to cut its economic growth forecasts on Wednesday due to the turmoil in the Middle East and surging energy costs, government officials said, with the outlook for public finances dependent on a ruling from Eurostat on Rome's
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Prolonged energy disruption to widen India trade deficit, strain fiscal account, Moody's says

Prolonged energy disruption to widen India trade deficit, strain fiscal account, Moody's says

April 21 (Reuters) - A prolonged disruption in energy supply can widen India's trade deficit and strain the fiscal account of the world's fastest-growing major economy, according to rating agency Moody's.
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Italy to confirm 2026 deficit around 2.8% of GDP despite weaker growth

Italy to confirm 2026 deficit around 2.8% of GDP despite weaker growth

By Giuseppe Fonte ROME, April 21 (Reuters) - Italy aims to bring its budget deficit below the European Union's 3% of GDP ceiling this year despite a weakening growth outlook due surging energy costs and Middle East turmoil, sources close to the matter said.
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US investors crave predictability after Orban's overnight law changes

US investors crave predictability after Orban's overnight law changes

By Gergely Szakacs BUDAPEST, April 22 (Reuters) - U.S. investors in Hungary are hoping for a return to predictable policymaking after years of abrupt law changes and ad hoc measures, following centre-right opposition leader Peter Magyar's landslide victory over Prime Minister Viktor Orban.
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Exclusive-US to host further G20 talks on war's impact on food and fertilizer

Exclusive-US to host further G20 talks on war's impact on food and fertilizer

By Andrea Shalal WASHINGTON, April 20 (Reuters) - The U.S. will host further talks in coming weeks for the Group of 20 major economies on the impact of the war in the Middle East on food and fertilizer, as it continues to push for coordinated action.
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CNN Expands Global Perspectives Series to Bangkok, Fostering International Dialogue

CNN Expands Global Perspectives Series to Bangkok, Fostering International Dialogue

CNN is set to host the inaugural Asia chapter of its Global Perspectives events series in Bangkok, Thailand, on October 14, 2026. The event aims to bring together global leaders to discuss critical issues in international business, policy, and economic development. Esteemed CNN journalists, including Dr. Sanjay Gupta and Richard Quest, will lead conversations. The event coincides with the International Monetary Fund and World Bank Group Annual Meetings, providing a platform for examining global transformation and the forces reshaping power and influence. This expansion reflects CNN's commitment to fostering meaningful dialogue on a global scale.
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Analysis-Venezuela’s melting 'permafrost' draws debt investors' optimism

Analysis-Venezuela’s melting 'permafrost' draws debt investors' optimism

By Libby George WASHINGTON, April 20(Reuters) - Venezuela, a country subject to Western sanctions and saddled with billions in debt, was the biggest cause for optimism at last week's otherwise sombre IMF-World Bank meetings, investors and officials said. 
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South Korea economy likely returned to growth in Q1 - Reuters poll

South Korea economy likely returned to growth in Q1 - Reuters poll

By Rahul Trivedi BENGALURU, April 21 (Reuters) - South Korea's economy likely returned to growth last quarter due to strong semiconductor exports and steady domestic demand, a Reuters poll of economists showed, although some warned the Middle East war could begin weighing on activity.
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IMF, World Bank meetings show limits in mitigating shocks, reliance on US for solutions

IMF, World Bank meetings show limits in mitigating shocks, reliance on US for solutions

By Andrea Shalal, David Lawder and Libby George WASHINGTON, April 19 (Reuters) - Global finance leaders, whipsawed by Middle East war news, came to grips this past week with their inability to mitigate the economic damage from increasingly frequent geopolitical shocks, and a realization that
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Global leftists rally in Spain hoping to spark resurgence against far right

Global leftists rally in Spain hoping to spark resurgence against far right

By Victoria Waldersee and Joan Faus BARCELONA, April 19 (Reuters) - From reforming the UN Security Council to taxing billionaires, thousands of leftists gathered in Barcelona over the weekend to brainstorm ways to halt the rise of authoritarianism and win back voters who have drifted rightwards. 
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Battle-scarred developing nations look for path out of permacrisis

Battle-scarred developing nations look for path out of permacrisis

By Andrea Shalal and Libby George WASHINGTON, April 20 (Reuters) - Developing country policymakers left this week's IMF-World Bank meetings more frustrated than ever that successive external shocks are derailing their efforts to tackle high debt, reform their economies and deliver better lives for
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IMF Warns U.S. Debt Surge Erodes Treasury Bonds' Safety Premium

IMF Warns U.S. Debt Surge Erodes Treasury Bonds' Safety Premium

IMF Warns U.S. Debt Surge Erodes Treasury Bonds' Safety Premium