A growth downgrade the i. M. F. Triggers its outlook for the World Economy the courts treat tensions between the United States and its trading partner its also coming up is the slow death of diesel speeding up all of a sudden of course in berlin rules on a ban in parts of the german capital. This is your Business Update on how. Glad you could join me the International Monetary fund has cut its Global Growth forecast down from almost four percent to three point seven percent it cites trade tensions and Rising Interest Rates the announcement coming at the annual meeting of the i. M. F. And World Bank Currently taking place in indonesia. The us China Trade War Is said to make the world poorer according to the i. M. F. And a prolonged conflict could mean more shocks to the global economy. Impacts of trade policy and uncertainty are becoming evident at the macroeconomic level while
anecdotal evidence or q its result in harm to companies. Policy reflects politics and politics remain unsettle