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On the israel gaza war. In the last hour or so the United Nations has said that it has been told by the Israeli Military that more than a million palestinians must leave the Northern Gaza Strip within the next 2a hours. In a statement the un spokesman Stephane Dujarric said the United Nations considers it impossible for such a movement to take place without devastating humanitarian consequences. The United Nations strongly appeals for any such order, if confirmed, to be avoiding what could transform what is already a tragedy into a calamitous situation this is the scene live in gaza where it has just gone 7 00 in the morning. The un said the orde ....
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 u ....
britain s ecomomy is expected to have gone into reverse shrinking by 0.1%. and if that continues for the rest of the year two quarters of negative growth that would constitute a recession. the bank of england has raised the cost of borrowing to a 15 year high, to try to rein in soaring prices, and that s weighing heavily on many businesses and households. on thursday, official data showed a steep jump in the number of people falling behind on mortgage payments. our cost of living correspondent, colletta smith, reports. good morning, donna speaking, how may i help? with rates on the up, more people have been struggling to pay their mortgage bill. don t worry, i m sure we can get this sorted out for you. ..and an increasing number are now officially in arrears. you know, nobody wants to send debt collectors to your door. nobody wants that. that s not what we want. we want to help you, we want to get a solution in place with you, but we can only do that if you give u ....