in the uk are at an all time high as country. its lowest ever now we have the round up of the business news and one of those headline stories you are concentrating on. welcome to the programme. yes, on course for stronger than expected recovery. that is the assessment from the international monetary fund on the state of the global economy in its latest world economic outlook update. the imf predicts that global growth of 3.1% this year and slightly higher growth in 2025. it also says that inflation is declining faster than expected because many supply chain problems caused by the pandemic have now been resolved. the imf has, however, issued a warning to the uk government not to cut taxes any further and suggested that treasury percent planned spending cuts for this year were unrealistic. earlier i spoke to the imf s chief economist and i asked him what his concerns were over the uk cutting those taxes. ~ , ., taxes. well, first, for the uk, we are seeing taxes. well, first,
rebels have been going on since the october the 7th hamas attacks. what is your assessment for shipping in the area, how serious is it? last niuht the area, how serious is it? last night was the area, how serious is it? last night was the the area, how serious is it? last night was the largest the area, how serious is it? test night was the largest escalation to date since the 19th of november. there has been a report of 18 drone and missile attacks that were launched in a multilayered attack last night from the north. we have not seen this escalation to date. there are a number of assumptions of why it took place last night. the houthi are still very clear that they will continue to target israeli affiliated vessels. affiliated vessels. more than 20 countries signed affiliated vessels. more than 20 countries signed a affiliated vessels. more than 20 countries signed a us affiliated vessels. more than 20 countries signed a us led - affiliated vessels. more than 2
america s job market stays hot even as the economy faces headwinds. not so sweet. why a georgia peach could be hard to find this summer. and later, a yellowstone star s new mission, now asking to help the children of the fallen. that s my way of serving this country. announcer: this is the cbs evening news from new york with jericka duncan. good evening and thanks for joining us on this sunday. we begin tonight with new tensions between global rivals. today china s defense minister aggressively defended sailing a warship directly in front of an american missile destroyer. speaking at a summit in singapore, he warned the west to stay out of waters and air space near china s borders. the dangerous close encounter happened in the taiwan strait separating taiwan from china. cbs s elizabeth palmer leads us off tonight. reporter: addressing an audience of global security officials, china s defense minister general li shangfu had some blunt advice for the united st