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the global economy is expected to grow a paltry 3% over the next five years, according to the head of the international monetary fund. her comments were made ahead of the imf and world bank s spring meetings, which kick off today in washington. our north america business correspondent samira hussain is there. high inflation continues to plague countries around the world. central bankers are raising interest rates to try and slow down those price increases. as a result, however, is we have some of the weakest growth projections by the international monetary fund since the 1990s. now, with the world s finance ministers and central bankers all meeting in washington this week, the increasingly fragile global economy will certainly be the focus, along with ways for countries to try and mitigate some of the negative impacts of those interest rate rises. now the high inflation, however, is already having an impact on poorer countries, pushing them further into financial distre ....
welcome to world business report. i m ben thompson. in the last few minutes, the international monetary fund have released their outlook for the global economy. they have revealed it has reached a highly uncertain moment so let me run you through the numbers in the latest economic outlook. the imf expect it to grow a paltry 3% over the next five years. 2.8% this year. the uk is on track to be the worst performing advanced economy this year. expected to shrink by 0.3% in 2023, much worse than many other g7 countries. they say will grow by i% in 202a. the us in contrast, it is forecast to grow by much more, by 1.6% this year and a further i.i% by much more, by 1.6% this year and a furtheri.i% in by much more, by 1.6% this year and a further 1.1% in 202a. the imf s director of research painted a mixed economy. the director of research painted a mixed econom . ., , ., y director of research painted a mixed econom . ., ., , ., , economy. the global economy remains on track ....
Hello from the Unionjack Club In London ahead of a very special day when normandy veterans will gather to begin commemorations for this years 80th Anniversary of the d day landings. A cold and frosty start to friday for many, a bit of sunshine to begin with but, like in recent days, Shower Clouds are not far. Will the weather get any better . I will have the full forecast later. Its friday 26th april. Skin Cancer Patients in the uk have begun taking part in a trial aimed at developing the first personalised vaccine for melanoma. The experimental treatment uses the same technology as some covid 19 jabs, and works by telling the body to hunt down cancer cells and prevent them from coming back. Researchers say the jab also has the potential to stop lung, bl ....
Brexit round one. As eu leaders gather in malta its Prime Minister calls for a fair deal for britain but warns it will pay a price for leaving. And following the announcement that snapchat will be listing on the us stock market, today we want to know would you buy shares in a company with a limited track record of turning a profit . In fact, it has not made a profit. The value of facebook has tripled since it went public in 2012, but will snapchat be a similar success . Do you snapchat . In the last few hours the social Networking Company has filed documents to float its shares on the new york stock exchange. Its likely to be the biggest ipo in the Technology World since facebook floated in 2012. For those of you who dont use it its kind of the opposite of facebook instead of making a permanent record of your life ....
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