The headlines followed by the global financial media last night and this morning are as follows:

1. The World Bank downgrades its global economic growth forecast for 2022 to launch a large-scale crisis response plan.

2. A survey by the New York Federal Reserve shows that the simultaneous rise in interest rates and house prices has deterred home buyers.

3. Us Treasury Secretary Yellen will attend some of the G20 meetings, even Russia will participate.

4. Office of the President of Ukraine: the Prime Minister of Ukraine will visit the United States to discuss macro-financial assistance to Ukraine.

Apple Inc retail union organizers demand a minimum hourly wage of $30.

6. Musk: the successful acquisition of Twitter will save US $3 million in director fees per year.

The World Bank downgrades its global economic growth forecast for 2022 to launch a large-scale crisis response plan

The World Bank has downgraded its global economic growth forecast for this year because of the war between Russia and Ukraine, and plans to mobilize a larger funding plan than during the anti-epidemic period to deal with the various consequences and continuing crises caused by the war.

World Bank President Malpas told reporters on Monday that the World Bank cut its global economic growth forecast for 2022 to 3.2% from 4.1% forecast in January, as a result of lower economic forecasts for Europe and Central Asia, including Russia and Ukraine.

Malpas said he planned to discuss with the World Bank board a 15-month crisis response plan worth about $170 billion in the coming weeks, from April 2022 to June 2023, of which about $50 billion will be deployed in the next three months.

The International Monetary Fund (IMF) and the World Bank will hold a spring meeting in Washington this week, with food security, inflation, debt and the war between Russia and Ukraine on the agenda.

Malpas said he expected the debt crisis in low-and middle-income countries to worsen in 2022.

A New York Fed survey shows that the combined rise in interest rates and house prices has deterred home buyers.

Rising mortgage rates and house prices have discouraged potential home buyers, according to a survey released by the New York Fed on Monday.

According to the survey, American consumers expect mortgage rates to rise sharply in the coming years, averaging 6.7% in one year and 8.2% in three years.

If a family moves in the next three years, the average probability of buying a house will drop sharply to 60.7% from 68.5% in 2021, the first decline since the annual housing survey began in 2014.

Respondents said they still thought owning a house was a wise financial investment, but the outlook was slightly weaker. About 71 per cent of respondents said they thought buying a house in their zip code area was a "very good" or "pretty good" investment; in last year's survey, the proportion reached a high of 73.6 per cent. The proportion of people who regard housing as a bad investment has risen to 9.9% from 6.5% a year ago.

According to Freddie Mac, interest rates on 30-year US mortgages have soared this year, surpassing 5 per cent this month for the first time in more than a decade. Interest rates are expected to continue to rise as the Fed turns to combat the hottest inflation in four decades. The Fed raised benchmark interest rates in March for the first time since 2018 and is expected to raise rates further for the rest of the year.

Us Treasury Secretary Yellen will attend some of the G20 meetings, even Russia will participate.

Us Treasury Secretary Janet Yellen will not automatically boycott G20 finance ministers' meetings in Washington this week if Russian officials attend those meetings, US officials said on Monday.

Yellen will avoid some meetings, but will attend other meetings that focus on the economic impact of the conflict between Russia and Ukraine. A senior US Treasury official said on a conference call with reporters on Monday that Ms Yellen did not want the presence of Russian officials to stop the work that the US and its allies had to do in the context of the G20 meeting.

Earlier this month, Ms Yellen said US officials would not attend some of this year's G20 meetings if Russia was allowed to attend, although it was not clear at the time which meetings the US and Russia would attend at the same time.

The Russian finance minister is likely to attend the meeting online this week, the official said.

Yellen and Deputy Finance Minister Wally Adeyemo will attend a number of events this week, including some of the spring meetings of the International Monetary Fund (IMF) and the World Bank, as well as events held on the sidelines.

Office of the President of Ukraine: Ukrainian Prime Minister will visit the United States to discuss macro-financial assistance to Ukraine

Local time 18, Deputy Director of the Office of the President of Ukraine Andre Sibiga (Andriy Sibiga) said that Ukrainian Prime Minister Shmegar will visit the United States.

He said that this will be a very important visit, the main purpose of which is to win macro-financial assistance for Ukraine. However, he did not disclose further details about the visit.

Apple Inc retail union organizers demand a minimum hourly wage of $30

Fruit Stand Workers United, the organizer's website updated on Monday, said it hoped to be at Grand Central Station in New York.$Apple Inc (AAPL.US) $Unionized employees at retail stores are seeking a minimum hourly wage of $30.

Earlier this year, employees of the Apple Inc retail store at New York's Grand Central Station began to take steps to form a union and launched the first public website over the weekend.

The demand for higher wages shows that Apple Inc's employees think they are more valuable in a tight labor market.

"in terms of compensation, we strive for a minimum hourly wage of $30 for all employees, which is based on a matrix based on role, tenure and performance," the organizer said on the website. For benefits, we are looking for stronger changes, such as increased tuition reimbursement, more holidays, and better retirement options, including a higher 401 (k) matching rate and joining pension plans. "

According to reports, Apple Inc employees' hourly salaries range from $17 to more than $30, depending on their experience. On Monday, US telecom operator Verizon (Verizon Communications Inc) said it would raise the minimum hourly wage to $20.

Musk: a successful acquisition of Twitter will save $3 million a year in board fees

Tesla, Inc. CEO Elon Musk (Elon Musk) said on Monday that if he succeeds in acquiring Twitter, it means the company will no longer need a board of directors, which is equivalent to saving Twitter about $3 million a year.

Earlier today, Gary Black, managing partner of The Future Fund LLC, an American investment advisory firm,$Twitter (TWTR.US) $"Let me point out something obvious: if Mr Musk privatizes Twitter, board members will no longer have jobs," it said. It's a good part-time job. They (directors) earn between $250000 and $300000 a year. "

Blake also listed the salaries of more than a dozen Twitter directors (except employee directors such as Twitter co-founder Jack Dorsey and current CEO Palag Agrawal) in 2021, each between $250000 and $300000.

In response, Musk replied: "if I succeed in acquiring Twitter, the salary of the board members will be zero, which is equivalent to saving Twitter about $3 million a year." "

Musk announced last Thursday that he plans to buy Twitter for $54.20 a share, valuing it at about $43.4 billion. The move comes just days after Mr Musk announced that he had acquired more than 9 per cent of Twitter, making it its largest shareholder.