This is the best tl;dr I could make, original reduced by 60%. (I'm a bot)

> German Chancellor Olaf Scholz held an annual meeting with the leaders of a number of multilateral global financial and political organizations - the IMF, WTO, ILO, OECD and World Bank - in Berlin on Tuesday, where a range of issues tied to international economic policy were discussed.

> Okonjo-Iweala cited a WTO estimate predicting a 5% long-term reduction in global GDP should the world break into two trading blocks - one based on China, the other on the US. International Monetary Fund Managing Director Kristalina Georgieva told those gathered that with the coronavirus pandemic and Russia's attack on Ukraine, globalization was facing its biggest challenges since World War Two.

> IMF Managing Director Georgieva said economic growth in the world's two largest economies - the US and China - was slowing, suggesting that IMF global growth estimates for 2023 would likely have to be adjusted down from 2.7% as had been projected in October.

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