Thursday, 28 April 2022 — The Tricontinental
Takashi Murakami (Japan), Tan Tan Bo Puking – a.k.a. Gero Tan, 2002.
Dear friends,
Greetings from the desk of Tricontinental: Institute for Social Research.
On April 19, the International Monetary Fund (IMF) released its annual World Economic Outlook, which forecasted a severe slowdown in global growth along with soaring prices. ‘For 2022, inflation is projected at 5.7 percent in advanced economies and 8.7 percent in emerging market and developing economies – 1.8 and 2.8 percentage points higher than projected in … January’, the report noted. IMF Managing Director Kristalina Georgieva offered a sobering reflection on the data: ‘Inflation is reaching the highest levels seen in decades. Sharply higher prices for food and fertilizers put pressure on households worldwide – especially for the poorest. And we know that food crises can unleash social unrest’.
US Def. Secy. Lloyd Austin (3rd from right) chairing Ukraine Security Consultative Group meeting, Germany, April 26, 2022
Israel’s Iron Dome missile shield (File photo)
Defense and Security Media Advisory Commitee members from 2021 (Photo from DSMA’s government website and in the public domain)
Thick smoke billows from the Azov steel plant on April 20, 2022. Photo credit: Guancha.
Indian Prime Minister Narendra Modi (R) with visiting UK Prime Minister Boris Johnson, New Delhi, April 22, 2022