Compared to the last asessment in january. Its big concern is about inflation the rate at which prices are rising. On the global measure the imf is using, it thinks it will be 2. 8 by the end of this year and warns that getting inflation back to their 2 target should be the priority for central banks. For many politcians thats been a key concern as they try to ease Cost Of Living pressures for people around the world. Heres the imf s chief economist. The Global Economy continues to display remarkable resilience with Growth Holding steady and inflation declining. But many challenges still lie ahead. Global growth was 3. 2 in 2023 and is expected to remain at that level both in 2024 and 2025. This represents a 0. 3 percentage point upgrade from our 0ctober projections for 2024, with stronger activity than expected in the us, china and other large emerging markets, but weaker activity in the euro area. 0ur correspondent Michelle Fleury is following this from new york. Lets begin by talkin
Naked in public with excrement thrown at her. the owner of twitter, elon musk, could be stepping down as the company s chief executive. musk asked his 122 million followers on twitter to vote on whether he should resign, saying he would respect the outcome. the poll closed this morning, and more than 57% said he should leave. our technology editor, zoe kleinmann, joins me to explain. the billionaire bought the company just a couple of months ago. since then, he s been in full charge, making a series of radical and sometimes controversial changes. and the results of that poll elon musk posted yesterday more than 17.5 million votes were cast and 57.5% said, yes, he should step down. it s the latest twist in a series of events marking his arrival at twitter in october. here he is, carrying the kitchen sink through the front doors. he had just paid £36 billion to own the company outright. soon after, he began cost cutting by laying off more than half of twitter s global workforce.