He is also concerned about Economic Uncertainty triggered from the conflict between israel and hamas as the death toll continues to rise. The bbc s economics editor Faisal Islam Sat down with him and asked if the Global Economy was heading in the right direction. Well, things are going in the right direction. What we are seeing is, despite these large shocks that you describe, the World Economy is still standing. No global recession, you know, no massive slowdown that would put us into huge unemployment rates. We havent seen that. We have seen a surge in inflation, but inflation is sort of coming down now, both Headline Inflation and core inflation, so thats the good news, things are improving, the Global Economy has been resilient. At the same time, the Growth Numbers we have, around 3 this year, 2. 9 for next year, this is way below historical average. So the Global Economy is limping along, its not sprinting but its been resilient. Right. Do you from this point see there are areas w
Dc where donald trump appears to have launched a wide reaching Diplomatic Initiative to tackle what he says is the urgent Security Challenge posed by north korea. The president has spoken to the japanese and german leaders by phone and had is also holding a classified briefing on the subject with all 100 us senators. Mr trump also said this message to the Un Security Council. The status quo in north korea is also unacceptable and the council must be prepared to impose additional and stronger sanctions on north Korean Nuclear and Ballistic Missile programmes. This is a real threat to the world, whether we want to talk about it or not. North korea is a big World Problem and its a problem we have to finally solve. People have put blindfolds on for decades and now its time to solve the problem. President trump calling for new sanctions on north korea. This appeal was made not in new york, the un, but while the president was hosting Un Security Council ambassadors at the white house and thr
Dc where donald trump appears to have launched a wide reaching Diplomatic Initiative to tackle what he says is the urgent Security Challenge posed by north korea. The president has spoken to the japanese and german leaders by phone and had is also holding a classified briefing on the subject with all 100 us senators. Mr trump also said this message to the Un Security Council. The status quo in north korea is also unacceptable and the council must be prepared to impose additional and stronger sanctions on north Korean Nuclear and Ballistic Missile programmes. This is a real threat to the world, whether we want to talk about it or not. North korea is a big World Problem and its a problem we have to finally solve. People have put blindfolds on for decades and now its time to solve the problem. President trump calling for new sanctions on north korea. This appeal was made not in new york, the un, but while the president was hosting Un Security Council ambassadors at the white house and thr
In frankfurt we also have the International Auto show carmakers has been investing billions in developing Electric Vehicles to meet tighter emissions restrictions in europe and in asia and of course to remain competitive as the International Auto show in frankfurt gets underway later this week we take a look at the industrys oncet it today stability demands move over a tesla the competition is about to heat up several european carmakers are rolling out new Electric Vehicle models. Is the year where we are probably saying so the Big Orange Red Necks mark electric cars you know volkswagen the idea 3 porsche with the take in sports car and then youve also got kind of Runaway Persia and all these are the 1st showing sold for electric products and concepts mass market means cheaper models like volkswagens id 3 so more europeans will be able to afford the new Electric Vehicles until now the continent has lagged behind other regions last year just under 1000000 Electric Vehicles were sold in
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