Skip to main contentSkip to main content

    The global economy is bouncing back from an an energy price spike fed by Russia's invasion of Ukraine. But growth will stay below average this year and next. And trouble could emerge as central banks trying to fight inflation push interest rates higher and make borrowing for house purchases and business expansion more costly. That is the outlook Wednesday from the Paris-based Organization for Economic Cooperation and Development. The OECD foresees growth of 2.7% this year and 2.9% next year — below the average pace before the pandemic.

    Ix Art Park Foundation is presenting its second family-friendly Fae Festival, billed as an "imaginative urban Renaissance faire," from 3 to 8 p.m. Saturday and 10 a.m. to 6 p.m. Sunday outdoors at Ix Art Park.

    Affiliate

    One of Charlottesville’s most notorious social media stars, Bryan “Gratata” Silva, faces sentencing on weapon and drug charges next month. But some former office neighbors are expressing worry about something sooner: that Silva could be released from jail.

    Get up-to-the-minute news sent straight to your device.

    Topics

    all

    Breaking News

    Breaking Sports News

    News Alert