alternative and no room for discussion between shock treatment and gradualism. joining me now is andres abadia chief latam economist at pantheon macroeconomics. lovely to see you again. he is now formally in the job and has delivered his first initial speech. what will he do next? the speech was relatively light on detail but he says there will be a physical shop to the economy and that is important because we are at about 5% of gdp but the good news is he said that the shock or the adjustment would be on the state and not the private sector. there are also economic indicators that suggest more than 40% of the population live in poverty so when he will have a mammoth task to bring the economy back on track. will he dismantle the central bank and swap the peso for the us dollar which he did say he would do in his electioneering. that is the main question right now. so far we have seen since he was elected one month ago that he has been pragmatic, more pragmatic than expected
good morning. for england and wales we are looking at rain at times, some hill snow that even some of that getting to lower levels at times. and the risk of ice. the scotland and northern ireland, some wintry showers, drierand scotland and northern ireland, some wintry showers, drier and brighter in the west, but wherever you are it will be blustery and cold. i will have all the details later. it s monday the 4th of december. our main story. israel says its ground offensive has now expanded to every part of the gaza strip following days of intense bombardment. the united nations says palestinians are being squeezed into a corner of the territory worsening the already dire humanitarian conditions. yolande knell has this report. ominous warnings the israeli flairs that hang in the night sky over gaza are followed by the thuds of explosions. rumbling explosion. and on the ground, israel s military says its offensive has now expanded to every part of the palestinian territory
good afternoon. the government will set out its plans for cutting legal migration this afternoon. latest figures showed it hit a record high last year, with almost three quarters of a million more people arriving in the uk than leaving. the prime minister rishi sunak has been under pressure over the issue and today in the commons, his new home secretary james cleverley is expected to announce the minimum salary for skilled workers coming from overseas will be significantly increased. our political correspondent ione wells reports. the population grew by about 1% last year, the fastest rate since the 19605 year, the fastest rate since the 1960s baby boom. this time it was driven by international migration, which ministers have pledged to reduce. , . ., ., reduce. i m very clear that the levels of reduce. i m very clear that the levels of net reduce. i m very clear that the levels of net migration - reduce. i m very clear that the levels of net migration are - reduce. i m
this is gps, the global public square. welcome to all of you in the united states and around the world. i m fareed zakaria coming to you live from new york. today on the program, an exclusive interview with the united nations secretary-general, antonio guterres. guterres is the man in the hot seat right now. he s been on the receiving end of much anger from israel. meanwhile, many are looking to the u.n. to do something to help diffuse the situation. gaza is becoming a graveyard for children. what can he do? i will ask him. and the democrats overperformed in this week s elections, but president biden s poll numbers hover near record lows for next year s presidential race. i ll ask pollsters anderson to red the tea leaves, but first, here s my take. hamas terrorist attacks between israel and israel s military action against gaza have unle unleashed firestorms in the united states and europe. watching it, i do wonder, does anyone believe in free speech anymore? now to no