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
Critical safety issues. She claims they pretended that they didnt know. And you decided to go right to the top. You went to elon musk himself . I tried to. And what exactly was the safety concern . They realised that they make a Design Engineering mistake on the carpets. You know, the carpets that you have under the adults and in the front of the car. So what happened is those carpets, they were curling under the brake and under the acceleration. Cristina further claims that shed heard there were complaints made about this issue. So she believes tesla was aware of it. She claims that when she shared her worries, teslas management turned hostile. She lost herjob, sued the firm and won. But then tesla did something unexpected. They dare to accuse me of serious crimes like embezzlement. Theyjust purely invented those with one scope in mind, to give a lesson to everybody who dared to speak up. Tesla said in a Public Statement that cristina had used Company Resources for a secret project. S
Just take us through what shed been hearing at the inquiry this morning. Its building on a theme that started last week from senior managers at the post office. Today it was david miller He Were Benchley became the Chief Operating Officer of the post office. He started his officer in 1970 as a trainee. He was a Project Director of the Horizon It System and its implementation. He was in charge of how it was tested, how it was implemented in the late 19905. How it was implemented in the late 1990s. This mornings evidence was about how that testing wind, and there was off line testing, and there was off line testing, and there was off line testing, and there was live testing with Sub Postmasters. He was questioned about some of the bugs and faults that came up before the system was rolled out across the country. The inquiry heard that during the testing, some of these bugs, including the issue of how cash balances could be effectively changed in the accounts, how it had come to light even
The former president. Speaking after day one of the trial, mr trump sought to cast doubt over the legitimacy of the court. Its a scam trial. If you read all of the legal comments, from all of the legal scholars today, theres not one that i see that said that this is a case that should be brought to trial. Its a scam. Its a political witchhunt. It continues for ever and we are not going to be given a fair trial and it is a very, very sad thing. Live now to new york to speak to our correspondent john sudworth. John, bring us up to date with what happened today . When Donald Trumps motorcade left the precinct here in a man well used to breaking the norms of political life hit another milestone, this time a legal one, becoming the first us president to face a criminal trial. When it did get under way, as is often the case, the business was pretty humdrum, procedural discussion, the defence raising a number of issues and discussions over the timing. Donald trump suggesting he needed a day o
Until 2014, Cristina Balan was a rising star within the electric car firm in the us. She spoke to our Technology Editor zoe kleinman. I was the only woman in the team, like engineering. And in the beginning, it was great. In the early days, Cristina Balan was doing so well at tesla, her initials were engraved on the cars batteries, but she says it wasnt long before things took a turn for the worse. Everything went south when i realised that they were hiding some critical safety issues. She claims they pretended that they didnt know. And you decided to go right to the top. You went to elon musk himself . I tried to. And what exactly was the safety concern . They realised that they make a Design Engineering mistake on the carpets. You know, the carpets that you have under the adults and in the front of the car. So what happened is those carpets, they were curling under the brake and under the acceleration. Cristina further claims that shed heard there were complaints made about this issu