IMF, World Bank leaders appeal for an end to trade wars

MARTIN CRUTSINGER and BANI SAPRA AP Economics Writers WASHINGTON (AP) — The leaders of the International Monetary Fund and the World Bank appealed to their 189 member countries on Friday to resolve widening disagreements on trade and other issues, warning that the divisions threatened to make the consequences of a global slowdown even worse. IMF Managing Director Kristalina Georgieva said a variety of factors were taking a toll from a trade war that has engulfed the world's two biggest economies, the United States and China, to spreading weakness in Europe linked to Brexit and rising geopolitical tensions in the Middle East. "Trade tensions are now taking a toll on business confidence and investment," she said in her opening address to the finance officials. World Bank President Da
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