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OECD lowers global GDP growth forecast to 3.1% for 2025 amid trade uncertainty

The global scenario of commercial uncertainty and geopolitical conflicts will lead the global Gross Domestic Product (GDP) to experience a lower growth rate than expected, which could be 3.1% this year, according to economists from the Organization for Economic Cooperation and Development (OECD).

This dynamic will continue to decline through 2026, hindered by the growing fragmentation of the global economy. If tariff threats or their implementation persist, global GDP growth is expected to slow to 3% in 2026, diverging from the 3.3% projected in December.

“The increase in trade barriers will affect global growth, fuel inflationary pressures, and undoubtedly drive more restrictive monetary policies, which could lead to further price disruptions.”

This information was disclosed in the Interim Economic Outlook, one of the four reports released annually (in March, May, September, and December), where OECD experts update their growth forecasts.

The economists’ expectations for the United States, the world’s largest economy, are a growth rate of 2.2% for this year, lower than the 2.8% observed in 2024, incorporating a cut of two-tenths from the December estimate.

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OECD experts explained that due to the uncertainty caused by changes in U.S. trade policies, there was a notable increase in merchandise imports to the world’s largest economy during January.

In the March and November updates, the OECD economists restrict their updates to G20 countries only.

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International

MPV Denounces Electoral Blockade as Secretary-General is Disqualified for May Elections

The anti-Chavista party Movement for Venezuela (MPV) denounced on Monday that it was “prevented” from submitting its candidates for the regional and legislative elections on May 25, elections rejected by opposition leaders Edmundo González Urrutia and María Corina Machado.

“MPV, being an active and recognized party in the National Electoral Council (CNE), was prevented from submitting candidates for the current electoral process,” stated the political group through a communiqué on X.

Additionally, the group denounced that its Secretary-General, Simón Calzadilla, was “suddenly disqualified,” as the opposition leader warned last Friday. He also explained that he attempted to access the CNE’s automated candidate submission system but, as he added, the portal showed that he was not authorized to create a user and submit the MPV candidates.

For the party, its “strong decision” to participate in the May elections “highlighted the true nature of this electoral process,” which it described as “extremely flawed.”

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International

Maduro Plans Major Workers’ March on May 1st to Defend Venezuela’s Freedom

Nicolás Maduro, who swore in for a third term in January following his controversial re-election, called on Monday for the “working class” and the “armed people” to gather for a concentration on May 1st for peace, as part of the celebration of International Workers’ Day.

“Let’s have a powerful march of the working class, the combat bodies, and the Bolivarian National Militia in all the cities of the country, from end to end, working class and armed people in the streets shouting for peace,” said the chavista leader in a broadcast on the state channel Venezolana de Televisión (VTV), surrounded by military authorities.

He also stated that Venezuela is more armed than “ever” to “defend the sacred dream of a free homeland, the sacred soil of a heroic land, Venezuela.”

Maduro called on all military personnel to “stay in shape” with a “deployment capacity” and also to have “a very clear view of the entire national territory.”

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International

Venezuela accuses Guyana of “warlike intentions” after UK defense deal

Venezuelan Vice President Delcy Rodríguez denounced what she called “warlike intentions” from Guyana on Saturday (April 12, 2025), following the signing of a Memorandum of Understanding (MoU) between Guyana and the United Kingdom aimed at strengthening bilateral defense cooperation.

“Guyana threatens Venezuela with its founding fathers. The UK and the U.S. are the architects behind the territorial dispossession of our Guayana Esequiba. These are the same actors who forged a fraudulent arbitration award in 1899 to strip Venezuela of its land,” Rodríguez stated via Telegram.

Rodríguez, who also serves as Venezuela’s Minister of Hydrocarbons, warned the region about “these drums of war, in clear violation of the CELAC declaration that recognizes Latin America and the Caribbean as a zone of peace.”

“Venezuela will stand firm in defending its legitimate rights, sovereignty, and territorial integrity in all scenarios,” she added.

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