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previous predictions. it says the us economy is performing more resiliently than forecast and suggests the earlier than expected reopening of china after the worst of covid has boosted performance, but there is still a health warning that high inflation and interest rates will continue to weigh on global growth. here is the oecd s chief economist. global growth. here is the oecd s chief economist. some good news in the forecast chief economist. some good news in the forecast today, chief economist. some good news in the forecast today, the chief economist. some good news in the forecast today, the overall - the forecast today, the overall economy is improving. we expected it to moderate to 2.7% in 2023 and 2.4 in 2024, but it is low in terms of the growth we saw before the recent crises. a , the growth we saw before the recent crises. n, , ., the growth we saw before the recent crises. , ., , the growth we saw before the recent crises. , ., crises. many of the gl ....
spending under control and get our economy back on track. and you have to do both. joining me now is ed price, principal analyst at ergo intelligence. both parties in full campaign mode on this legislation. do you foresee it being passed? ido i do foresee it being passed, i think that is also the conventional wisdom and i have no reason to doubt it. it would be spectacular if the us decided to default on its debt. but there was something about this merry go round this time that seems just this merry go round this time that seemsjust a this merry go round this time that seems just a little bit worse than previous times. i would suggest that if lawmakers in the us are really concerned about avoiding fiscal collapse and avoiding debt, they should also really worry about what this makes the country look like, what it makes its creditworthiness look like at least in politics. in creditworthiness look like at least in politics. least in politics. in terms of o tics, least in polit ....
Bad, adjusting for price changes, china s imports were the highest in about 18 months. that suggests that the recovery is on track, reassuring for china if not the rest of the world. , , , ., , , , world. the slump in exports versus im orts, world. the slump in exports versus imparts. to world. the slump in exports versus imports, to those world. the slump in exports versus imports, to those figures world. the slump in exports versus imports, to those figures suggest l world. the slump in exports versus| imports, to those figures suggest it is more demand from the rest of the world, orare is more demand from the rest of the world, or are they still supply chain constraints? i world, or are they still supply chain constraints? world, or are they still supply chain constraints? i think those are one chain constraints? i think those are gone now. chain constraints? i think those are gone now. but chain constraints? i think those are gone now, but we chain constraints? i think ....
Perceptions and views. it is clear that the business community is overwhelmingly positive about the agreements with australia and new zealand. there are caveats, though. those are particularly around theissues those are particularly around the issues on food standards and it s really important that the uk government stands by its statement that uk farm standards, both of animal welfare and environmental standards, are not compromised. but the results also the issue of price and australia and new zealand are among the world of s biggest producers of lamb for example. do you share the concerns of the national farming union with regard to imports? farming union with regard to im orts? ., ., , imports? the government has made clear imports? the government has made clear that imports? the government has made clear that uk imports? the government has made clear that uk standards| made clear that uk standards will not be compromised, and we also need to bear in mind that the seasons for ....
Ofjob cuts because the banking sector is highly exposed to the functioning of the economy. usually banks are the ones who know what is going to happen to the economy because they have so much data on consumer spending and lending and housing sector, mortgages, etc. wall street are concerned about impending it recession in the us. ~ impending it recession in the us. . . impending it recession in the us. ~ . . , ., us. with that in mind, what you make of the us. with that in mind, what you make of the latest us. with that in mind, what you make of the latest shade - make of the latest shade dormitory numbers from china, a massive drop in exports and imports? massive drop in exports and im orts? , ,., imports? the chinese import data is still imports? the chinese import data is still very imports? the chinese import data is still very much - data is still very much affected by the ongoing restrictions although there are signs that it seizing. easing. past data will be subject t ....