Higher tariffs and heightened geopolitical tensions may push government debts to new highs over the coming years, making the need for policymakers to outline robust plans for containing the surge more pressing,

The International Monetary Fund is warning that President Trump's tariffs could pose significant challenges for the global economy. And, Pope Francis' body lies in state until his Saturday funeral.

The opening chapter, where the IMF gives its projections for global growth, had to be completely recast after Trump’s “liberation day” announcement on April 2 of sweeping “reciprocal tariffs” against a wide range of countries, the imposition of a 145 percent tariff against China, and a 10 percent tariff hike on all others.