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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 ....
is barreling through the carolina with high winds, heavy rain and the threat of floods. the storm has been downgraded from a hurricane but it still poses a threat as it makes its way inland. it has already caused considerable damage in south carolina where it made landfall on friday. in this video, you can see the storm ripping through a pier in north myrtle beach, causing part of it to collapse. it also submerged this neighborhood with a storm surge that was several feet high. so far there have been no reported deaths in south carolina. but in florida, at least 45 people have lost their lives, and we re getting a clearer picture of the damage the storm has left behind. entire neighborhoods that once were brimming with life are now flattened fields littered with debris. this is footage from fort myers beach where one woman s struggle to survive was captured in a phone call. i am up to my neck in water. okay. all right. i am so cold. i m losing you. i can t hear ....
many of you look in the same couple of days. i know many of you look ahead in the same couple of days. i know many of you look ahead to - in the same couple of days. i know many of you look ahead to 2023 i in the same couple of days. i know. many of you look ahead to 2023 with apprehension. many of you look ahead to 2023 with apprehension- many of you look ahead to 2023 with apprehension. should he be nervous? we can feel apprehension. should he be nervous? we can feel the apprehension. should he be nervous? we can feel the public apprehension. should he be nervous? we can feel the public looking - apprehension. should he be nervous? we can feel the public looking at - apprehension. should he be nervous? we can feel the public looking at us i we can feel the public looking at us again we can feel the public looking at us again and we can feel the public looking at us again and we won t let up. he doesnt again and we won t let up. he: doesn t seem it. look a ....
in romania as part of a human trafficking and rape investigation. and the fashion world pays tribute to vivienne westwood. the british designer who was a key figure in the rebellious punk movement of the 1970s has died aged 81. if in doubt, dress up. don t ever dress down, you will be so disappointed. dress down, you will be so disappointed. dress down, you will be so disa ointed. ., , ., disappointed. and the trade body for ni . htclubs, disappointed. and the trade body for nightclubs. bars disappointed. and the trade body for nightclubs, bars and disappointed. and the trade body for nightclubs, bars and restaurants - disappointed. and the trade body for nightclubs, bars and restaurants has| nightclubs, bars and restaurants has warned the rising cost of living and recent rail strikes is going to cost a huge amount of hospitalityjobs in the new year. we will here live in the new year. we will here live in the next half hour, stay us. stay with us. tributes ....
the house. zeldin says he doesn t know the identity of those shot but that they are being treated for their wounds. the search for the shooters is ongoing. back to you. see three let s bring in lee zeldin now, new york gubernatorial candidate and congressman from county. what another 12 hours you have had. put us come if you can, congressman, with you and your wife. you re in the bronx at a columbus day parade, and how do you find out about a shooting half a block from your house? we got a phone call from our daughter, mikayla. we hear other daughter, arianna, in the background crying. she speaking to 911. they were the 911 colors. mikayla is freaking out that we are not able to hear everything because of the wi-fi connection. they were locked inside of a bathroom. they were at the kitchen table doing homework, and all of the sudden they are hearing multiple gunshots. they then hear screaming. they run upstairs and lock themselves in the bathroom. one of my daughters ....