the global economy is set to grow more slowly next year than previously forecast, according to the international monetary fund. the imf now expects global growth to go from 5.9% in 2021 to 4.4% in 2022. the organisation also sharply downgraded its forecasts for the world s two biggest global economies, the us and china. speaking to our economics editor faisal islam, the imf s deputy managing director, gita gopinath, explained why. omicron led to a downgrade for the first quarter of this year, but for the annual growth rate as a whole, we are looking at affecting growth by 1 percentage point. in the case of the us, it is because of a smaller fiscal package in the sense that built to get back better is no longer our baseline build back better. in the case of china, consumption is not recovering as quickly as we thought it would. ~ , ., , as quickly as we thought it would. ~ ,, , ., ., would. when you see inflation rates of 7% would. when you see inflation rates of 7% of
for free lunch today. the teachers are at home. teachers refusing to return to the classroom until the omicron surge ends or new safety measures are put in place. but wait, they told us they have a 90% vaccination rate. they told us that remote learning has a negative impact on children s mental health. the science has told us that part. in fact, in this first week of the year, we re seeing more school districts across the nation going backwards to remote learning. the american federal teachers union president tweeted this. we know kids do better in person but the spike is real. we need adequate staff and the safety measures in place including testing, masking, ventilation. there is a lot of stress. now, that s odd because in illinois, for example, schools got billions of federal dollars for all of that. what did they do with the money? and president biden is also making that point. president biden: i believe schools should remain open. you know, they have what they need be
and kayleigh mcenany, gillian turner, and in the center seat we have joe concha. the million cobig cases is double that in india back in may and this comes as nearly one and 100 americans tested positive for the virus in just the last week. meantime, the mixed messages from the cdc and white house are creating even more confusion while raising new concerns about how the president is managing this crisis. he is now set to meet with his covid response team in just a few hours. remember, as a candidate he promised to shut down the virus. he said he fixed what his campaign referred to as the trump testing fiasco. but now he s dodging questions about the current testing crisis. watch. do you think we will have a testing component? president biden: i will be talking about that later. will you break up the big four meat-packers? emily: kayleigh, even before he took office, joe biden criticized the trump administration s handling and logistical fashion of the pandemic calling
week. but there is good news out there, very good news, and it s right there on your screen. those right there are the average number of covid hospitalizations in the u.s. and despite all of those cases i just told you about, hospitalizations have not budged. they re essentially flat over the past week. deaths are up a bit. but that s just over 5%. here s potentially more good news, when omicron was discovered in south africa a month ago, their cases were going straight up. they doubled. then they doubled again. last friday, their average number of cases peaked and they have been dropping ever since. south africa s top scientists told the washington post that he expects other countries will follow the same trajectory and said the u.s. could see a similar drop in cases in the next couple of weeks. of course we ve got a lot to get to here, but first, i want to go through every tool in our tool box because we want to keep people from suffering. we want to keep people from just
weather coming for millions. survivors returning from the flames after their jet crashed on a florida highway telling bystanders others are trapped inside. what we re learning about the identities of the victims in this deadly crash, the pilot radioing that he d lost both engines, and new details on the investigation. also tonight, the reward is growing in the hunt intensifying for a man accused of shooting two deputies in tennessee and killing one of them. how a routine traffic stop suddenly turned deadly. police now arrested the suspect s brother and girlfriend. the fallen deputy once hailed as hero for rescuing a man from a burning vehicle. the south facing a severe storm threat over several days. flooding, possible tornadoes, and a big change coming to the northeast where springlike temperatures give way to a winter storm. donald trump blasting the justice department saying if president biden is in charge holding on to classified documents meaner should he. plus, the dama