Washington, D.C
‘It’s a twilight zone’: Iran war casts deep shadows over IMF gathering in Washington
The most severe energy shock since the 1970s, the risk of a global recession and households everywhere stomaching a renewed surge in the cost of living – hitting the most vulnerable hardest.
In a sweltering hot Washington DC this week, the message at the International Monetary Fund meetings was chilling: things had been looking up for living standards around the world. But then came the Iran war.
“Some countries are in panic,” said the fund’s managing director, Kristalina Georgieva, addressing the finance ministers and central bank bosses in town for the IMF and World Bank spring meetings. “The sooner it [the Iran war] ends, the better for everybody.”
Such gatherings are not typically used to fight geopolitical battles. “You don’t get people shouting at one another at these things,” one senior figure remarked. But, as a record-breaking April heatwave swept the US capital, no one could ignore the mounting damage from the Iran war.
Those familiar with the mood over breakfast at a meeting of the G20’s representatives on Thursday, which included Donald Trump’s treasury secretary, Scott Bessent, and the outgoing US Federal Reserve chair, Jerome Powell – said the atmosphere in the room was sombre amid an open exchange of serious views.
“It is such a twilight-zone meeting,” said Mohamed El-Erian, a former IMF deputy managing director who is now chief economic adviser at the Allianz insurance group. “There are several shadows hanging over it: one is the shadow that comes from concern about the global economy as a whole.
“The second is that some countries are going to be particularly hard hit, and it’s mostly countries that very few people are talking about. But the third concern is the adding of insult to injury: the fact that the US, which started a war of choice, is going to be hit, but by a lot less than elsewhere in relative terms.”
Before Thursday’s breakfast, Rachel Reeves had started her day with an early-morning jog. Joined by her counterparts from Spain, Australia and New Zealand for a run down the iconic National Mall, she posted an Instagram selfie with a not-so-subtle dig: “Friends that run together – work together.”
A day earlier, the chancellor had told a CNBC conference that she thought “friends are allowed to disagree on things” as she criticised Trump’s Iran war as a “mistake” and a “folly” that had not made the world safer.
Speaking at a venue just steps away from the White House, before a one-on-one meeting with Bessent, she said this “fair message” was needed because UK families and businesses were feeling the pain from higher energy prices triggered by the conflict.
Those close to Reeves insist her meeting remained cordial. Britain and the US have significant shared interests in AI, financial services and trade. The chancellor also said the UK government had little time for the Iranian regime.
But with the IMF having warned on Tuesday that the Iran war could risk a global recession – in which Britain would be the biggest G7 casualty – it was clear Reeves had travelled to Washington ready to pick a fight.
“I’m struck by how vocal she has been and the words she used,” said one global financier. “We know the disagreement between Bessent and [European Central Bank president] Christine Lagarde earlier in the year. But that was in private.”
At a cocktail party held at the British ambassador’s residence for hundreds of diplomats and financiers – including the Bank of England’s governor, Andrew Bailey, the chief executive of Barclays, CS Venkatakrishnan, and dozens of senior figures – this transatlantic tension, weeks before King Charles’s US state visit, was a major topic of conversation.
The other, in the balmy residence gardens, was one of its former occupants, Peter Mandelson, as revelations about the former ambassador’s appointment threatened to further rock the UK government.
Before the war, the agenda for the IMF had been about global cooperation; the adoption of AI, jobs and work to eradicate poverty. Each of those tasks had now been complicated, but not least the task of countries working together.
For many at the meetings, the focus was on forging closer global cooperation without the world’s pre-eminent superpower.
“Everybody is talking about how you hedge against American decisions,” said David Miliband, the former UK foreign secretary, who now runs the International Rescue Committee. “You can’t do without them, because they’re 25% of the global economy. But, in a lot of fora, they’ve pulled out.
“So everyone has to think, how does one structure international cooperation? The old west is not coming back. And so everyone has to figure out how to position themselves for that world.”
For those gathering in Washington, there was irony in the fact that they were meeting in the halls of institutions founded, under US leadership, to promote global cooperation after the second world war. The whole idea of the Bretton Woods institutions was to avoid the dire economic conditions and warfare of the 1930s and 1940s. Yet this year’s meeting was taking place amid these intertwining problems.
In their conversations about the best economic policy response to the shock of conflict, the economists also knew the real power to make a difference lay two blocks across town from the IMF and the World Bank – behind the security cordons and construction equipment blocking the White House from public view. “It is not clear they can do anything about it,” said El-Erian.
Still, with a booming economy driven by AI – including Anthropic’s powerful Mythos model, the topic of much conversation – most countries cannot afford to completely break off US ties.
“People want to find ways to insulate themselves from the mess. But, on the other hand, they admire the US private sector,” El-Erian said. “The best way I’ve heard it put, is: they want to go long the private sector and short the mess. But it’s almost impossible to do.”
Washington, D.C
Lake City’s ArtFields helps bring S.C. stories to national stage in Washington, D.C.
LAKE CITY, S.C. (WPDE) — A community art project with roots in Florence County is now on display on one of the nation’s biggest cultural stages.
ArtFields, the nationally recognized art festival based in Lake City, was selected as South Carolina’s official host for the National Scrollathon, a collaborative artmaking project that brings together people from across the country to share their stories through fabric scrolls.
The project is now being unveiled at the John F. Kennedy Center for the Performing Arts in Washington, D.C., giving Lake City and the Pee Dee region a place in a nationwide artistic celebration.
Created by brothers and artists Steven and William Ladd, Scrollathon invites participants to design personal fabric scrolls that reflect their experiences, hopes and dreams.
The individual pieces are then combined into a larger work of art that represents communities from across the United States.
Earlier this year, dozens of residents in Lake City participated in the project through an initiative called “Tied Together,” creating scrolls that shared their personal stories and connections to their community.
Carla Angus, an ArtFields consultant, said the project’s impact comes from bringing people together through creativity and storytelling.
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“Everyone who was invited receives these strips of material and fabric, and they select their colors, they select what they want to put together and they create a story behind their scroll,” Angus said. “That’s what’s so powerful about the project because it brings all these different people together with different backgrounds and different experiences.”
In addition to Lake City, Scrollathon events were held at other South Carolina cultural institutions, including the Gibbes Museum of Art and the International African American Museum.
Now, those local contributions are part of a much larger display.
More than 250,000 participants from all 50 states and U.S. territories contributed to the National Scrollathon.
The collection is being showcased at the Kennedy Center, where visitors can experience what organizers describe as a visual representation of the American story.
For Angus, seeing scrolls created in Lake City displayed alongside contributions from across the country is a proud moment.
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“When I look at those scrolls, I know those are thousands upon thousands of individuals that have shared their stories,” Angus said. “Now they have become one unified piece of artwork.”
Angus described the experience as surreal and said it demonstrates how art can connect people regardless of where they come from.
“It’s almost surreal because what we want to do is connect people through the arts,” Angus said. “To be a part of something that is so large, bringing so many states together, it shows how powerful art can be.”
The National Scrollathon will remain on display through Labor Day as part of the Kennedy Center’s yearlong celebration of America’s 250th anniversary and the signing of the Declaration of Independence.
For Lake City and Florence County residents, the exhibit represents an opportunity to see their stories become part of a national conversation, one scroll at a time.
WASHINGTON (DC News Now) — A Texas man accused of shooting at a United States Secret Service agent near the Washington Monument earlier this month has been indicted on federal charges, the Justice Department announced Friday.
A federal grand jury indicted 45-year-old Michael Marx with “assaulting, resisting, or impeding certain officers using a dangerous weapon” and “using, carrying, possessing, brandishing, and discharging a firearm during a crime of violence,” in connection with the May 4 incident, in which a stray bullet struck a teenage bystander.
“Today’s indictment reflects the gravity of the defendant’s actions on one of the most heavily visited public spaces in the nation,” U.S. Attorney Jeanine Pirro said Friday, in part. “The evidence shows Marx not only carried an illegal firearm into DC, but he fired it at uniformed officers, wounding an innocent teenage bystander who was simply visiting the National Mall with his family on a spring afternoon.”
Authorities previously charged Marx with assaulting federal officers with a dangerous weapon, using and discharging a firearm during a crime of violence, and unlawful possession of a firearm by a convicted felon.
According to court documents, an undercover Secret Service agent initially noticed Marx trying to conceal a gun on the right side of his body near 15th Street and Madison Drive NW shortly after 3:30 p.m. on the afternoon of the shooting.
At the same time, the motorcade for Vice President J.D. Vance was leaving the White House, passing through the area just up the street.
Uniformed Secret Service officers arrived to provide backup, finding Marx along the path of Vance’s motorcade. The attorney’s office said officers began to give the Texas man verbal commands, but he started running through a crosswalk and eventually fired at one of the agents as he reached the sidewalk.
The bullet struck the teenage bystander, who was walking behind the agent, in the leg, according to the DOJ.
Agents quickly returned fire, striking Marx in the hand, left arm, and upper body, according to court documents.
Court documents state that agents used Marx’s Texas driver’s license, which he was carrying, to identify him as the gunman. Investigators also identified various aliases Marx allegedly went by, including Patrick Michael and Michael Zavici.
While in the hospital, he allegedly made statements to officers, including ”F— the White House,” and “kill me, kill me, kill me,” the DOJ noted in a release.
Police found a Sig Sauer P365 handgun loaded with 9mm ammunition from the street where Marx fell.
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