A growth downgrade the i. M. F. Triggers its outlook for the World Economy the courts treat tensions between the United States and its trading partner its also coming up is the slow death of diesel speeding up all of a sudden of course in berlin rules on a ban in parts of the german capital. This is your Business Update on how. Glad you could join me the International Monetary fund has cut its Global Growth forecast down from almost four percent to three point seven percent it cites trade tensions and Rising Interest Rates the announcement coming at the annual meeting of the i. M. F. And World Bank Currently taking place in indonesia. The us China Trade War Is said to make the world poorer according to the i. M. F. And a prolonged conflict could mean more shocks to the global economy. Impacts of trade policy and uncertainty are becoming evident at the macroeconomic level while
anecdotal evidence or q its result in harm to companies. Policy reflects politics and politics remain unsettle
industry groups from big corporations so maybe that could make the president a recon siddur but we will have to see how likely that is our financial correspondent yen is caught in new york thank you very much chance. google has appeal the use biggest ever trust fine of five billion dollars impose for what the european union says was the u.s. tech giant s a legal abuse of its market domination in mobile device operating says operating systems the company refused the charges though the case could take years to settle now at the same time it also launched its latest a ray of phones and gadgets its new pixel three smartphone boasts an artificial intelligence driven camera that also must to keep picks the best for uses it also comes with improved parental control when it comes to screen time for children. but said the google event was overshadowed by the company s admission though that