Stories were following on our website. Lots video on demand right there at al jazeera dot com. Ah, for reminder of our top stories m l g 0, the International Monetary fund is painting a bleak picture of the Global Economy as the war in ukraine. Rising prices and Interest Rates all take their toll. According to the i m f. s latest report, Global Economic growth fell from 6 percent in 2021 to just over 3 percent this year. Its expected to fall to 2. 7 percent next year with the economies of china, the u. S. And of course, the u all slowing down, but the i m f predicted inflation will slowly start to fall to about 6. 5 percent next year. The 2023 slow down will be broad based with countries accounting for a 3rd of the Global Economy expected the contract this year, or next, the 3 largest economies, the united states, china, and the your area will continue to stall. In short, the worst is yet to come. And for many people, 2023 will feel like a recession. Marcias continued to, to launch a b
Chic compared to its population. Only 5000000 people levy could come into effect from 2025. Ah. Im sam is a that with a headlines here. Now they are now nato secretary general, once Member States to send more air Defense Systems to ukraine. This week has seen some of the biggest russian air strikes across the crime since the start of the invasion. 12 cities with targeted ukraines Energy Minister says russian missiles of hit around 30 percent of the countrys energy infrastructure. Around 300. 00 areas were left without power following the russian and tax. On monday and tuesday, the mayor of the city of laverne says it will take months to repair energy facilities. There. I have a jump. Jim is innovative. All the power disruptions and the disruption to the Water Services in the live region that they have all been repaired and that everything is back online in levin. The city that were in, which is the Cultural Capital of ukraine, here in the west of the country. And also the wider live re
Paul ryan led a discussion on inflation and Financial Technology with policy experts and industry stakeholders. They discuss to elimination of Overdraft Fees, financial regulation, and editorial practices of payday lenders and checkcashing services. From the American Enterprise institute, this is one hour. Good afternoon, everybody. Whoa, the voice of god. Good afternoon, everybody. Thank you for joining us. It is nice to see familiar faces in the audience. I am excited about this Panel Discussion we have today. It is a very timely issue. The topic i am excited about talking about here is, the issue with working families, inflation, and how we can use fintech to solve some of povertys more pressing problems. Working families are facing sustained rising inflation, energy costs, food costs, and everyday life has gotten more expensive on an increasing basis. Workers either paychecks lagged behind. Businesses face a difficult time hiring. As we enter this time of Economic Hardship we know
Higher a gallon than when President Biden took office. Diesel prices are even higher, nearly 2. 81 per gallon more than in january of 2021. In short, look, we need to unleash our Domestic Energy production, not ask for help from opec. Or venezuela. We need to unleash our oil and Gas Resources in states like my home state or the presiding officers home state. We can produce a lot more oil and gas in this country and we have the best environmental . Andz. Thats how you bring the price down at the pump. More supply, not higher taxes. More supply, not taxes that will drive prices up and reduce supply. We still have increased demand. Thats why we have inflation in the first place. The Biden Administrations policies are creating the inflation and now the stagflation, and this legislation will make it worse. Its going down the same path. We need to unleash our Domestic Energy production. We need to get our debt and deficit under control. We need to work on behalf of farmers, ranchers, the ag
[inaudible conversations] [inaudible conversations] good afternoon, everybody. Well good afternoon, everybody. Thank you for joining us on this panel and nice to see familiar faces in the audience, andy, nice to see you. Im excited about the Panel Discussion that weve had today because its a very, very timely issue. This is the topic im excited about talking about here is the issue with working families, inflation, and how we can use fin tech to solve some of povertys pressing problems. Working families are facing a time of rising inflation, energy costs and food costs, everything in everyday life. Workers are too often seeing the paychecks lagging behind and businesses are facing a difficult time hiring, as we enter into this time of economic hardship, we know that households will face financial hardships, and we also know that reducing that hardship is going to require policy makers, forProfit Institutions, not for Profit Institutions and everyone in between to come together to explo