The International Monetary Fund on Tuesday downgraded the outlook for the world economy this year and next, blaming Russia's war in Ukraine for disrupting global commerce, pushing up oil prices, threatening food supplies, and increasing uncertainty already heightened by the coronavirus and its variants. The 190-country lender cut its forecast for global growth to 3.6 per cent this year, a steep falloff from 6.1 per cent last year and from the 4.4 per cent growth it had expected for 2022 back in January.from IndiaTV Business: Google News Feed https://ift.tt/xXQUDI6
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