the global economy is expected to grow a paltry 3% over the next five years, according to the head of the international monetary fund. her comments were made ahead of the imf and world bank s spring meetings, which kick off today in washington. our north america business correspondent samira hussain is there. 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, is we have some of the weakest growth projections by the international monetary fund since the 1990s. now, with the world s 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. now the high inflation, however, is already having an impact on poorer countries, pushing them further into financial distress. gi
Before the closing bell rings, and we begin with breaking news. We are just now getting reports that american soldiers at iraqs air base are under attack at this hour by drones and rockets and missiles at this hour. According to security sources, multiple blasts have been heard inside the base. This coincides with a sudden dip in the markets where we fell to session lows for the Dow Jones Industrials which were down 216. Were still down about 206 points. This fresh attack and, again, its in iraq comes after a u. S. Navy warship near yemen intercepted projectiles headed toward it. This according to reuters. We should switch right now to cvoe soling tilt index, at its highest since may, it is above 20. Thats kind of a level that lately, or its not that historically high, but lately that has been the level to punch above it means there is much more volatility. The vix spiking about 8 at the moment. You can see that in this intraday picture. These are concerning developments under even the
During the overnight. All of this shower activity will continue to move off to the east so showers continuing especially west of i95, heavier rain after midnight. Even a few rumbles of thunder possible as we push towards day break. Wind speeds starting to pick up across the delaware valley. National Weather Service issued a wind advisory. Kicks in at 5 00 a. M. Tomorrow, runs until 4 00 p. M. Wind gusts possible to 50 Miles Per Hour. So, yes, the runners going to be running kind of slow into that wind at times. Temperatures pretty steady throughout the race, around 50 degrees. Well see increasing sunshine and likely by race, full sunshine where well contend with those strong winds all throughout the race potentially to 40, maybe even 45 Miles Per Hour during the time frame so well talk more about this windy day in store achilly start to the work week and your turkey day forecast. All thats coming up in just a few, natasha. Lauren thank you so much. Earlier today thousands of people hit
Will continue to move off to the east so showers continuing especially west of i95, heavier rain after midnight. Even a few rumbles of thunder possible as we push towards day break. Wind speeds starting to pick up across the delaware valley. National Weather Service issued a wind advisory. Kicks in at 5 00 a. M. Tomorrow, runs until 4 00 p. M. Wind gusts possible to 50 Miles Per Hour. So, yes, the runners going to be running kind of slow into that wind at times. Temperatures pretty steady throughout the race, around 50 degrees. Well see increasing sunshine and likely by race, full sunshine where well contend with those strong winds all throughout the race potentially to 40, maybe even 45 Miles Per Hour during the time frame so well talk more about this windy day in store achilly start to the work week and your turkey day forecast. All thats coming up in just a few, natasha. Lauren thank you so much. Earlier today thousands of people hit the streets for the Half Marathon event. The 13mi
There strong winds knocked down wires overnight, Eyewitness News on route 130 in delran new jersey, were under a wind advisory this morning. Today is sunday november 19th good morning im jan carabao. Meteorologist chill see in gram will have eyewitness weather for us shortly, but first lets get out to the ben franklin parkway where philadelphia marathon is kicking off. Eyewitness News Reporter anita oh is live at the start line where she ran into a familiar face, good morning, anita. Reporter good morning, yes , Difficult Run into a very familiar face but before we get to that i did want to show you as you can see thinks next carol for philadelphia marathon. We saw first carroll leave, of course, about 30,000 runners are taking part in the philadelphia marathon, today a very exciting day, the rain actually is gone right now but these runners will have to deal with a lot of wind. We did run into a familiar face, we know rahel solomon has been training, preparing very hard for this mar t