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Transcripts For BBCNEWS BBC World News 20240707

thriving in one of the world s toughest environments, we meet the greenland communities on the frontline of climate change. a lot of places in greenland have a record and rain. nowadays, we never know how the weather is going to be. bother! i do hate shoddy work. and dame angela lansbury, one of the stars of hollywood s golden age, has died at the age of 96. welcome to the programme. we will begin welcome to the programme. we will begin with what is going on on will begin with what is going on on financial markets. the pound has fallen sharply after the head of the bank of england announced an end to its emergency interventions in to the pension industry. the bed was made to support the pension the bed was made to support the pension industry. the bank had been buying government bonds to help stabilise the market, but andrew bailey says the support will stop on friday, despite calls to extend it. our economics editor faisal islam reports. the problems in uk financial mark

Transcripts For BBCNEWS World Business Report 20240707

yes, indeed, the thought of a chip implant may send a shiver down your spine, that comes later but we begin with the latest warning from the international monetary fund. it has slashed its forecast for the global economy, saying it will grow by only 2.7% next year, with many countries in recession. in its six month update, the imf said the worst was yet to come. this forecast comes as the fund and internationalfinance ministers meet in washington. our north america business correspondent michelle fleury has more from the us capital. the international monetary fund had bad news forjust about everyone. according to its latest forecast, a third of countries will be in recession next year. and whatever growth the others have, it will be far less than they had hoped for. on top of that, the fund s less than they had hoped for. on top of that, the funds to balcomba speaking to the bbc insisted central banks must continue to raise interest rates to fight inflation. if central banks

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