Compared to the last asessment in january. Its big concern is about inflation the rate at which prices are rising. On the global measure the imf is using, it thinks it will be 2. 8 by the end of this year and warns that getting inflation back to their 2 target should be the priority for central banks. For many politcians thats been a key concern as they try to ease Cost Of Living pressures for people around the world. Heres the imf s chief economist. The Global Economy continues to display remarkable resilience with Growth Holding steady and inflation declining. But many challenges still lie ahead. Global growth was 3. 2 in 2023 and is expected to remain at that level both in 2024 and 2025. This represents a 0. 3 percentage point upgrade from our 0ctober projections for 2024, with stronger activity than expected in the us, china and other large emerging markets, but weaker activity in the euro area. 0ur correspondent Michelle Fleury is following this from new york. Lets begin by talkin
have continued, as have those on the jabaliya refugee camp in the north. israel insists it s making maximum effort to avoid killing civilians. hospitals inside gaza are struggling to take in the casualties with un officials describing a degree of panic in medicalfacilities that hasn t been seen before. the un says palestinians who are being told to leave areas, which were previously seen as safe, are being pushed into a narrow corner of gaza. our international editor jeremy bowen reports on the situation in the west bank and gaza. there s distressing footage from the very beginning. lost boys, brothers looking for their father my dad s been killed. i swear my dad s been killed. they re lost in the mighty vengeance promised by israel. then they found their father and brother were dead. the strike, filmed by a freelance journalist, destroyed the home of this family injabalia, northern gaza. these are the latest israeli army pictures. they re pushing forward into souther
and following weeks after collective weeks of mourning and trauma. there is tension. with no americans held by hamas released pressure mounts on president biden. i m in nantucket where president biden is closely tracking developments with his national security team, what he s doing to secure the release of americans being held by hamas! plus, travel crush, millions of americans head home after thanksgiving, the busiest day at airport still to come with weather threatening some travel plans. > tis the season, the hold shopping season begins in the lines and at the mall. reporter: and their buying power this year. tree supply. is there reason to worry. reporter: i m michael jordan in new york, how drought are impacting christmas trees this holiday and why you may want to buy early. later, a graduation first, a top 10 university awards degrees to inmates learning in lock-up. i asked your mama, how did i do? this is the cbs weekend news from washington with
sirjim ratcliffe s offer to become a minority shareholder in manchester united could be accepted as early as next week. united s owners the glazer family have been looking for investment for over a year. it s expected ratcliffe s ineos group will pay around £1.25 billion to buy 25%. here s ourfootball reporter simon stone. jim ratcliffe has lowered his expectations from 59% to 60%, and now we think 25%, and the glazers are willing sellers. it ll be interesting to see how it works out because jim ratcliffe interesting to see how it works out becausejim ratcliffe is not known for taking a back seat, but clearly this is only a quarter of the club, and he also has served daily transferred with the indio cycling group with him in every sporting enterprise, really. so what part will he play in manchester united when this deal is complete? james maddison has withdrawn from the england squad for this month s euro 2024 qualifiers with an ankle injury, and will be out until at least j
would benefit israel. he said we do urge them to stop this bombing in gaza. he spoke to the bbc s europe editor katya adler. we have had weeks of aid organisation sounding the alarm about gaza, and you have now said that humanitarian pauses and fighting aren t enough and there needs to be worked towards a ceasefire. are you disappointed that other world leaders aren tjoining you in that call it like the us are the uk? i you in that call it like the us are the uk? ., , , you in that call it like the us are the uk? .,, , a, you in that call it like the us are theuk? , a, a the uk? i hope they will and let s be clear, the uk? i hope they will and let s be clear. i the uk? i hope they will and let s be clear, i was the uk? i hope they will and let s be clear, i was one the uk? i hope they will and let s be clear, i was one of the uk? i hope they will and let s be clear, i was one of the - the uk? i hope they will and let s be clear, i was one of the first. be clear, i w