IMF head expects less than 3% global economic growth in 2023

[phkrause]

WASHINGTON (AP) — The International Monetary Fund chief said Thursday the world economy is expected to grow less than 3% this year, down from 3.4% last year, increasing the risk of hunger and poverty globally.

https://apnews.com/article/imf-world-bank-interest-rates-fiscal-policy-1f3ad9e4bf87b3e95db84ba7c49b959f

[phkrause]

Food prices fall on world markets but not on kitchen tables

A restaurant on the outskirts of Nairobi skimps on the size of its chapatis — a flaky, chewy Kenyan flatbread — to save on cooking oil. Cash-strapped Pakistanis reluctantly go vegetarian, dropping beef and chicken from their diets because they can no longer afford meat. In Hungary, a cafe pulls burgers and fries off the menu, trying to dodge the high cost of oil and beef.

https://apnews.com/article/food-prices-inflation-ukraine-war-economy-8daa7e3d92666d290d87932dc8f25a94