bank spring meetings, which could lead that kicked off on monday in washington. our north america correspondent is there and has a preview of those meetings. high inflation continues to plague countries around the world. central bankers are raising interest rates to try and slow down those price increases. as a result however, we have some of the weakest growth projections by the international monetary fund since the 1990s. with the worlds finance ministers and central bankers all meeting in washington this week the increasingly fragile global economy will certainly be the focus along with ways for countries to try and mitigate some of the negative impacts of those interest rate rises. the high inflation however is already having an impact on poorer countries, pushing them further into financial distress, given the uncertain global economic outlook the imf believes many more countries will be looking to the imf for help. reporting outside the world bank and imf building. for
the international monetary fund has released it s latest economic outlook, and it s grim reading for the uk. forecasts for growth this year have been revised upwards slightly for most major economies, with even russia growing at a faster pace than the uk according to the imf. the stronger performance for most is down to the reopening of china and more resilient labour markets, household spending and business investment. michelle fleury spoke to their chief economist to national monetary fund is sounding a little less gloomy thanit sounding a little less gloomy than it did a view months ago stopping the global lender points to china s recently opening and strong spending by consumers as the reason for its improved global growth forecast at the imf said in its world economic outlook that the cost of living crisis was continuing to bite in most economies with the fund s chief economist telling me the priority now is on reducing inflation in the months to come. on reducing infla
is at its lowest level for almost 50 years, according to figures released this morning. the chancellor kwasi kwarteng will meet the treasury select committee to bring you his economic plans. we will have updates about shortly. a hearing is under way at the supreme court on whether scotland can call an independence referendum without the consent of the uk government. there is at the wreck of the mary rose. it has come to the surface and it s exactly a0 years since henry viii s flagship the mary rose was raised from the bottom of the solent after 437 years under the sea. we can now go straight to the nato secretary generaljens stoltenberg to his reaction on those russian strikes in ukraine yesterday and today. we strikes in ukraine yesterday and toda . ~ . today. we will further increase the -rotection today. we will further increase the protection of today. we will further increase the protection of our today. we will further increase the protection of our critical p
queen guitarist brian may and members of england s women s football team are among those celebrated in the uk s new year s honours list. over a thousand people have received recognition for their service. i will be back at the top of the error, no it is time for talking business. hello, everybody. a very warm welcome to a special edition of talking business weekly with me, aaron heslehurst. let s go and take a look at what s on the show. this week, we re going to revisit some of our interviews that defined 2022. of course, a momentous year of disruption for the global economy. over the last 12 months, we ve continued to feel the impact of covid, the russian invasion of ukraine, and suffered a cost of living crisis as energy prices have soared. i ve spent the year speaking to some of the most influential chief executives, business leaders and policymakers on the planet. the head of the imf, the international monetary fund, told me herfears for the planet s prosperity, and the