The u. S. Central bank doesnt want to risk overtightening and adding that the fed is at the end of the hiking cycle. The death toll from the israelhamas war is claiming 1,500 lives as they prepare to mobilize 300,000 reservists. And countrygarden is warning it is unlikely the company will be able to pay the remaining debt obligations. After resilient start to 2023, Global Growth is expected to slow this year and next according to the latest projections by the imf. The outlook released a moment ago, the fund says the United States is on track to exceed prepandemic growth with gdp expected to rise 2. 5 this year and 1. 5 next year. China is expected to lag behind. Global headline inflation is set to decline from the peak from last year to 5. 9 in the Fourth Quarter of this year and fall further below 5 in 2024. This World Economic outlook came out a few moments ago. It is long. Sylvia and i have had time to piece through it. I want to bring your attention to the title. Navigating global
For service. Dorothy musick validus in north of kosovo, have being called to cast their votes in a referendum to remove opinion may as that were elected in april last year on the very small turned off. So finally, 4 percent following serves the white glove of local elections. Like on the last few left while it was about the roof, the between the police and a local sub sewer center. This is something you may use from entering the municipal buildings. The violence in the north last year fled to then, to the tensions between the old foes comfortable. And so itd be, as itd be of those not recognized close to both in defendants and considered as the, as, as part of its 3rd story. And your has passed in those tensions occurred in the day, some 46000 voters in north of course. So well have a chance to vote in a referendum but could eventually lead to snap elections in those for me in this analysis. However, the serbian part is backed up advice to be all have once again called for a boy cost a
Welcome to daybreak australia, we are counting down to asias major market open bins. Annabelle im annabelle in hong kong. Muted response to irans attack on israel. Traders are ready to look past geopolitics. U. N. Chief is telling the Security Council it is time to step back from middle east war while israel and u. S. Consider next steps. Tehran saying they signal a bigger response to israeli strikes. Take a look at how we are setting up with asian markets confronted with a risk of escalation. Seeing traders cautiously trading. Sidney stocks are down by 6 10 of 1 and weve got new zealand down by 1 . Cpi prints coming through and bad Services Numbers today as well. Concern as we have seen recessionary conditions for the kiwi economy. We have the yen stubbornly holding beyond 153 casting a shadow over its ability to function as a haven. We are seeing other assets moving higher, but not the yen. Still 150 and china futures down by half a percent. Annabelle as you say, not too much reactio
Lets check the markets. The europe 600 on a tear. Higher because of expectations of tax reform in the u. S. And what that can do not only to the dollar but to the world economy. It could make the spirits of the u. S. Move up a touch. Lunch in brussels. Will they are will they not . To severalspeak groups interested in brexit. Lets get to the first world news. Sebastian in the u. S. A Senate Investigation of the russian meddling in the trump case a instruction of justice case is coming. This is from Dianne Feinstein after Michael Flynn pleaded guilty to line to the fbi. I think we are beginning to see the putting together of a case of objection the case of obstruction of justice. I think we see this in the indictment please that take place in some of the comments being a. I see it in the hyper frenetic attitude of the white house, the comments, the continual suites. U. S. House republicans are drafting a contempt of Congress Resolution against members of the fbi. They claim that the rem
We want to protect the identity of the victims. Reporter we also know that pastor thomas did have tied that traveled the nation. His neighbors say he was married but tended to keep to himself. Just within the last couple minutes, we did learn that the congregation does plan to speak to us and release a statement about yesterdays arrest involving the pastor here. They are going to do that in about a half hour from now at the police mu nnicipal building. Well bring you the latest information as soon as we learn it. Well see you next hour. Al franken is announcing he will resign from congress in the coming weeks following a wave of Sexual Misconduct allegations. Today im announcing in the coming weeks i will be resigning as a member of the United States senate. Frankens decision follows a new allegation against him that brings the total number of accusers to come forward to eight. They have demanded he resign. During the speech, franken took some parting shots at President Trump and repub