according to the imf. they were made ahead of the spring meetings which kicked off on monday in washington. from there, we have more. high inflation continues to play 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 week growth projections by the international monetary fund since the 1990s. 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. high inflation is already having an impact on poorer countries, pushing them further into financial distress. given the uncertain economic outlook, the imf believes more countries will be looking towards it for help. earlier i spoke withjohn lipsky the chair of the national bureau of economic research who is also in washington for the meeting and he told me cost of living will
freezing temperatures. the uk economy at a standstill new figures show even though we narrowly avoided falling into recession in 2022, there was no growth at all in the final three months of the year. elon musk s spacex carries out a key test on what s set to become the most powerful rocket system ever built. and a new video game set in the world of harry potter is released amid controversy surrounding the character s creatorjk rowling s views on transgender people. hello and welcome if you re watching in the uk or around the world. four days after two deadly earthquakes struck turkey, devastating a large swathe of the south east of the country as well as northern syria, some survivors are still being pulled out of the rubble. in turkey s hatay province, a ten day old boy was saved along with his mother. nearby, a seven year old girl was rescued and taken to hospital. this is the scene live from gazantiep in southern turkey. in freezing cold temperatures, and with hunger se
Nice to be here. Would you agree with me that your bank has moved an awful long way from those early days and from its original mission . No, i wouldnt. I would certainly agree with you that we have expanded our geographically, but the mission is the same. Private sector development, the creation of effective markets. Were still actually operating in oui were still actually operating in our traditional region. But because of the success of the Business Model, we decided we should expand to turkey, central asia and north africa, as you said. It is a sign of success, not mission creep. The problem with that is that from the beginning, you were a Financial Institution underpinned by a clear statement of values. In the places youve just outlined where you operate today, those values do not seem to be applied in the same way. Sometimes there are values, such as political, democratic, values, pluralism, like stated. They are certainly applied inconsistently in some places. But we are very op
Nice to be here. Would you agree with me that your bank has moved an awful long way from those early days and from its original mission . No, i wouldnt. I would certainly agree with you that we have expanded our geographically, but the mission is the same. Private sector development, the creation of effective markets. Were still actually operating in oui were still actually operating in our traditional region. But because of the success of the Business Model, we decided we should expand to turkey, central asia and north africa, as you said. It is a sign of success, not mission creep. The problem with that is that from the beginning, you were a Financial Institution underpinned by a clear statement of values. In the places youve just outlined where you operate today, those values do not seem to be applied in the same way. Sometimes there are values, such as political, democratic, values, pluralism, like stated. They are certainly applied inconsistently in some places. But we are very op
Nice to be here. Would you agree with me that your bank has moved an awful long way from those early days and from its original mission . No, i wouldnt. I would certainly agree with you that we have expanded our geographically, but the mission is the same. Private sector development, the creation of effective markets. Were still actually operating in oui were still actually operating in our traditional region. But because of the success of the Business Model, we decided we should expand to turkey, central asia and north africa, as you said. It is a sign of success, not mission creep. The problem with that is that from the beginning, you were a Financial Institution underpinned by a clear statement of values. In the places youve just outlined where you operate today, those values do not seem to be applied in the same way. Sometimes there are values, such as political, democratic, values, pluralism, like stated. They are certainly applied inconsistently in some places. But we are very op