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Weve got our forecast down from 1. 7 in april, down to zero point a present. We have already said risks were the downside when we made this forecast was up is down by almost one percentage point. There are number of factors, the continuing crisis in the world that we see and now of course we have the crisis in The Middle East. We have the slowdown in growth in china, we also have high Interest Rates that have continued. We see weak demand across the board for them in most sectors in most geographies. Thats why we cut the forecast. Cut the forecast. How much of this is actual cut the forecast. How much of this is actual policy . Cut the forecast. How much of this is actual policy . Were. This is actual policy . Were hearing from the west this idea of nearshore income of french or income of Rebuilding Supply Chain away from east asia for the friend sharing. How much of this is here to stay and how much of a problem is that . We saw there much of a problem is that . We saw there is much o

Global tradeThe middle eastWorld trade organizationOn global tradeReally big impactAsia business reportArunoday mukharjiNgozi okonjo iwealaFaisal islamSpeads througout the regionInternational monetary fundWorld bank1 7Interest ratesThe forecastFriend sharing