World Bank

Bulgarian Prime Minister Kiril Petkov will pay a working visit to the United States. On May 9 and 10, Prime Minister Petkov will be in Washington, D.C.

Together with Petkov will be the Ministers of Energy Alexander Nikolov, the Ministers of Defense Dragomir Zakov, as well as the Deputy Minister of Foreign Affairs Velislava Petrova.

The World Bank predicts the strongest price crisis in 2022 since the 1970s due to jumps in the price of energy, metals and food. This is stated in the new Commodity Market Outlook.

Experts from the World Bank predict a 50% increase in energy prices in 2022, and other goods - by 20%.

A Japanese woman certified the world's oldest person has died at the age of 119, local officials said Monday.

Kane Tanaka was born January 2, 1903, in the southwestern Fukuoka region of Japan, the same year the Wright brothers flew for the first time and Marie Curie became the first woman to win a Nobel Prize.

Europe can get by without Russian gas for six months, but beyond that, the economic impact would be severe, a senior IMF official told AFP.

Alfred Kammer, head of the IMF's European Department, urged countries in the region to take a series of steps to ease the blow, including reducing consumption to build up inventory.

Moscow has rejected the Easter truce, reports of new mass graves near Mariupol. Here are the highlights of events in Ukraine over the past 24 hours:

The head of the International Monetary Fund warned on April 14 that Russia's war against Ukraine was weakening the economic prospects for most of the world's countries and called high inflation "a clear and present danger" to the global economy.

The meeting will be held at 10 am in the building of the Presidency, Office for Media relations of the President of the Republic of Serbia announced.
The topic of conversation is the crisis in the world and the position of Serbia under the new circumstances.
The World Bank delegation will present to the President of Serbia an assessment of further money flows through Serbia.

Belarusian border guards shot down a drone on the border with Lithuania, which was flying towards the territory of Belarus.
This was announced on Thursday by the State Border Committee of Belarus, as TASS reported.

Turkey's industrial production rose by 13.3 percent on an annual basis in February, gathering pace from the 7.6 percent year-on-year increase recorded in the previous month, data from the Turkish Statistical Institute (TÜİK) have shown.

The February reading was also above the 8.9 percent rise in the country's industrial output in February 2021.

Almost a third slower - compared to the forecast from January - will be the growth of the Bulgarian economy in 2022 due to the war in Ukraine and the risks of prolonged military conflict, point to further adjustments to downward growth. Instead of 3.8% of GDP, the new expectations are for 2.6%, i.e. adjustment for growth contraction of 1.2 percentage points.