welcome to world business report. i m ben thompson. in the last few minutes, the international monetary fund have released their outlook for the global economy. they have revealed it has reached a highly uncertain moment so let me run you through the numbers in the latest economic outlook. the imf expect it to grow a paltry 3% over the next five years. 2.8% this year. the uk is on track to be the worst performing advanced economy this year. expected to shrink by 0.3% in 2023, much worse than many other g7 countries. they say will grow by i% in 202a. the us in contrast, it is forecast to grow by much more, by 1.6% this year and a further i.i% by much more, by 1.6% this year and a furtheri.i% in by much more, by 1.6% this year and a further 1.1% in 202a. the imf s director of research painted a mixed economy. the director of research painted a mixed econom . ., , ., y director of research painted a mixed econom . ., ., , ., , economy. the global economy remains on track for gr
making republicans show that they have no plan in response. plus, alarming suggestions tha the administration might b taking a right turn on immigration. and why are republicans so afraid to blame trump for th events of january 6th? i am julián castro, let s ge started. spring is right around the corner and joe biden i breaking out his gordon shares the president formally unveile his new budget proposal this week, aiming to cut the federa deficit by projected three trillion dollars over the next decade in part through a new 25% ta on billionaires. other provisions of the plan the corporate tax rate would increase from 21% to 28% there is an increase in capita gains taxes along with it, and to the interest loophole tax hikes and gas companies an acre tailing of covid relate spending now, to be clear, no one in th white house is saying that republican controlled houses will actually adopt presiden biden s budget and its current form, there will be plenty o wrangling and negoti
events of january 6th? i a julián castro, let s ge started. spring is right aroun the corner and joe biden i breaking out his garden shears the president formally unveile his new budget proposal this week, aiming to cut the federa deficit by projected three trillion dollars over the next decade. in part through a ne 25% tax on billionaires. other provisions of the plan, th corporate tax rate would increase from 21% to 28%. ther is an increase in capital gain taxes along with it, and to th interest loophole. tax heights for oil and gas companies, and a curtail of covid related spending now, to be clear, no one in th white house is saying that republican controlled houses will actually adopt presiden biden s budget and its current form, there will be plenty o wrangling and negotiation in the weeks to come. so wh doesn t matter? the budget proposal is a sign of th presidents priorities, who h wants to help, and what he wants to accomplish with the rest of his term. in effect, i
american democracy. that is something he truly believes and that we should continue to fight for. calling for egregious abuses of power in order for to suppress the constitutional rights of reporters as an insult, it s a complete insult to the rule of law and undermines fundamental values and traditions. instead, it is the responsibility, it s a responsibility of all leaders t protect first amendment rights and that s what the president believes and that s what is going to continue to do to make sure we protect those rights. something happened they are, clearly. where it not quite exactly sure what happened to the white hous briefing. somebody must ve pulled the plug . there is something going on today. apparently we have it back, so let s get back to it right now, we don t have any audio now. clearly our plug has been pulle somewhere, there are a lots of patches and routings that go on in that briefing room and that white house. in fact, if you were to look under the floor