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The International Monetary Fund says banking turmoil will pose a challenge to global growth,

and the investigation into a U.S. intelligence breach continues.

It is one of the most significant leaks of highly classified U.S. documents in recent history.

Plus, President Biden speaks with the family of Wall Street Journal reporter Evan Gershkovich

who's detained in Russia. It's Tuesday, April 11th. I'm Amary Fertoli for the Wall Street Journal.

This is the PM edition of What's News, the top headlines, and business stories that moved the world today.

Recent trouble in the banking sector due to the collapse of two mid-size U.S. banks will crimp

U.S. economic growth this year, and pose threats to the global financial system. That's according to

the International Monetary Fund. Our reporter Yuga Hayashi joins me now to break down the latest

predictions. So you got to tell us more about the forecast for U.S. economic growth.

I am afraid that the risks have risen considerably in the past several weeks,

with the onset of the trouble in the banking sector. In fact, they expect that the lending capacity

in the U.S. banking sector is going to decline by 1% as savers reassess the risk levels at small

and medium-sized banks, such as Silicon Valley Bank and Signature Bank that got into trouble.

So what could that mean for global growth? As the lending declines, the GDP growth rate

is expected to come down by 0.44 percentage point. This doesn't mean that the economy is going

to shrink. It's just that the rate of growth is going to be a little bit slower. So the same

kind of projection for the global growth. The economy is continuing to rebound from the slumps

...