the global economy is expected to grow a paltry 3% over the next five years, according to the head of the international monetary fund. her comments were made ahead of the imf and world bank s spring meetings, which kick off today in washington. our north america business correspondent samira hussain is there. high inflation continues to plague countries around the world. central bankers are raising interest rates to try and slow down those price increases. as a result, however, is we have some of the weakest growth projections by the international monetary fund since the 1990s. now, with the world s finance ministers and central bankers all 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. now the high inflation, however, is already having an impact on poorer countries, pushing them further into financial distress. gi
hello there. a significant easing of restrictions in shanghai, which will allow most people to move freely around the city after more than two months of a full lockdown. hooray! the curbs on movement have crippled demand and production. on tuesday, beijing unveiled a stimulus package with 33 measures to try and revive the economy. but china s overall policy of zero covid remains very much in place according to our reporters on the ground. joining me now is iris pang, who is the chief economist at ing wholesale banking. iris, is china open for business? yes, it is. the unwinding of long down in shanghai is a very big step but lockdown is a very big step to the recovery of china. very big step to the recovery of china- very big step to the recovery of china. ~ ., i. ., ~ ., of china. what you make of the olicies of china. what you make of the policies john of china. what you make of the policies john has of china. what you make of the policies john has had of china. wh
Campaign against hamas could last several months. The idf says the next stage a widely anticipated Ground Offensive would happen soon. Now lets focus on the Business News and today the International Atomic Energy Agency completes a visit to take and assess marine samples near the Fukushima Daiichi Nuclear Power station. Since a 2011 tsunami, which severely damaged the Fukushima Nuclear plant, more than a Million Tonnes of treated waste water has accumulated there. Japan began discharging it in august, in a process that will take 30 years to complete. Despite Environmental Concerns the iaea endorsed the release plan but some countries from the region, notably china, have raised concerns. China has said it would ban alljapanese seafood imports. Last year, it imported 571 million worth of seafood from japan. Russia last week also suspended seafood trade. So are the bans likely to continue and how much could it harm japans economy and trade relations . Joining me now is professor Seijiro T