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
estimated industrial action. it s estimated that some 350,000 operations and procedures have had to be cancelled. we will have plenty more on this. now, it s time for the world business report. the imf warns of weak economic growth for the next five years, uk set to be the worst performing advanced economy this year. i am advanced economy this year. i am live in washington advanced economy this year. i n live in washington where those meetings are taking place and conversations will take place on what the weak growth means for global interest rates. also in the programme, a prominent forecaster in india warns of a deficient monsoon season, threatening crop yields in this farm driven economy.