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Transcripts For BBCNEWS World Business Report 20240707



yes, indeed, the thought of a chip implant may send a shiver down your spine, that comes later but we begin with the latest warning from the international monetary fund. it has slashed its forecast for the global economy, saying it will grow by only 2.7% next year, with many countries in recession. in its six month update, the imf said the worst was yet to come. this forecast comes as the fund and internationalfinance ministers meet in washington. our north america business correspondent michelle fleury has more from the us capital. the international monetary fund had bad news forjust about everyone. according to its latest forecast, a third of countries will be in recession next year. and whatever growth the others have, it will be far less than they had hoped for. on top of that, the fund s less than they had hoped for. on top of that, the funds to balcomba speaking to the bbc insisted central banks must continue to raise interest rates to fight inflation. if central ....

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Transcripts for BBCNEWS World Business Report 20240604 04:33:00

Ease. the other is want to sort of spend more to support families, but beyond that is going to add to aggregate demand, so the car is going to try to go left and right at the same time? it will not work very well. same time? it will not work very well- same time? it will not work very well. much of theirs are the dire consequences - very well. much of theirs are the dire consequences of- very well. much of theirs are the dire consequences of a l the dire consequences of a slowdown in a country powered by so much of the economy the century, china. by so much of the economy the century, china. these lockdowns have been century, china. these lockdowns have been particularly century, china. these lockdowns have been particularly severe - have been particularly severe in the second quarter of this year, and if they have taken a chunk out of chinese growth, so going forward. if this continues, we can anticipate there will be other bouts of other localised lockdowns and they again will ....

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