good to have you with us, if you havejustjoined us, it is time to get to business. economists warn the global economy is at a tipping point, and what can be done to prevent a global recession and stimulate growth will dominate discussions at this weeks annual meetings of the world bank and international monetary fund. the imf is set to downgrade its current forecast for 2.9 percent global growth in 2023 saying there are rising risks of recession and financial instability. the global economy faces pressures on every front whether it be increased interest rates to bring down soaring inflation, a strong dollar, the aftermath of a pandemic and of course the economic impact of the war in ukraine. to talk us through the challenges i m joined by holger schmieding, chief economist at berenberg. good morning to you. what are you expecting to hear from the leaders at this event in washington this week? good morning- washington this week? good morning. you washington this week? good
about the future of this country? edinburgh, queen elizabeth s northern capital, prepares . to greet her majesty. from the start, the queen clearly felt a deep affinity for scotland and its place in the uk. at her silverjubilee in 1977, she publicly stressed what she called the benefits of union. but in recent times, support for independence has surged. if the union with scotland in particular, but also the united kingdom as we know it is to be preserved, then the monarch has a role to play, the monarch will obviously want to try and maintain what has been there for centuries. how does support for the monarchy in scotland break down by party? yes, so there s clear differences. if you are talking to people who tend to support the conservative party, support is in the high 70s. if you re talking to people who support the liberal democrats and labour, it is in the 605. but if you re talking to people who support the snp, then support is much lower, in the high 20s. and yet the s
Have all had to deal with unprecedented challenges. And i will be straight with you. We have mountains to overcome still. But today we have made three huge decisions to change the direction of our country. We will give britain the infrastructure it needs, protect the infrastructure it needs, protect the long term future of our nhs and cut cancer deaths by a quarter and create the best Education System in the Western World to set up our children for the opportunities of the future. If we commit, if we come together, we can achieve truly great things. We can build a country where work is truly valued, where welfare is a safety net are not a way of life, where Small Businesses drive our economy, where innovation makes life better, where our nhs is properly funded and properly reformed, where our children are the best educated in the Western World, whether that is at university, or yes, through an apprenticeship. Where the scourge of Anti Social Behaviour is treated as the crime it is not