the indian prime minister narendra modi and the imf manager christine lagarde are at the event.ingapore where haslinda amin has a guest that leads the charge. the fintech festival includes its third year, and we have narendra modi, thank you. year, grown every single how big is it, and how has it spread? >> 40,000, expecting close to the number. the size has gone in terms of content much bigger. we have a different kind of people coming. people are here to talk about fintech. that has expanded the scope. we have new topics like ai coming in. we have financials are a big part of the story here. it is taking the imagination of people, what it can be and we don't know where it will go. haslinda: you have the likes of christine lagarde, justin trudeau, all coming in, and you have policymakers and why be interested out our fromere is a shift physical to digital, and they want to play a role. you will have that shift. there is interest which is driving them temperatures a great in this process. technology, everything is cool here. why not be here? haslinda: [laughter] that could be a

the head of the international monetary fund, christine lagarde, says ‘significant risks are materializingrging leaders to work together to head them off. the 620 group of developed and developing countries represent 85% of the world economy, and two thirds of the world's population. many of them are seeing slowing economic growth. two of the world's five biggest economies, japan and 6ermany,actually saw their economies shrink in the third quarter of this year. earlier this month the imf cut it's global growth forecast for next year and it says the picture has worsened since then. one of the big worries is this: the trade war between the us and china. this year the world's two biggest economies have slapped import tariffs on $363 billion worth of goods that they sell each other. the head of the world trade organisation, roberto azevedo, is also at the 620 summit. he has been telling our correspondent daniel 6allas that the breakdown in relations is the worst crisis since current trade rules were agreed more than 70 years ago. i would say it is the worst crisis, not just for the wt i would

christine lagarde has come out to say we need transparency of all sovereign debt, that would includeout providing this information, as has pakistan, so negotiations will be interesting. we know they've taken lots of loans from the saudis, $6 billion it in october, so we'll be imf see this, the fact pakistan keeps going to places like saudi and china to get loans, will they see this as a positive or negative? —— will be imf. pakistan don't want to go to the imf for a bailout —— will be imf. that's like saudi arabia and china who provide some loans longer term pakistan does need an imf bailout to move beyond to a medium—term sustainability in their fiscal and medium—term economy. thank you so much for explaining that for us. former goldman sachs boss lloyd blankfein is reportedly the unidentified high—ranking executives mentioned in us court documents attending a 2009 meeting. former malaysian prime minister najib razak, involved in the one mds scandal. this is according to bloomberg news. the meeting was set up bloomberg news. the meeting was set up and attended by malaysian businessm

christine lagarde. mr. david solomon talking. saying, the u.s.l not be the economic dominant power in 10 years time. talking aboutrde the importance of maintaining a world trading system that is open. the bloomberg new economy forum. commentary available on live go. solomon, saying the world foot print will be different. great session we have had. you do not want to miss this exclusive conversation. we are going to speak to david solomon, the ceo of goldman sachs. let's get into the markets. it is a whole divided -- hill divided. >> let's kick it off with the u.s. dollar. divided congress in the united states. the u.s. midterm election results weighing on the u.s. dollar. the bloomberg dollar, dropping for the third day in a row. blue, u.s. dollar versus the yen. taking back the house while the republican maintain and troll of the senate. the big question is what impact will this have or president trump's economic agenda? all the focus will be on the fed with the midterms behind us. the second to last rate decision tomorrow. credit squeeze, sayin

to christine lagarde any banker trump at the women summit last year. in my i know some say you can see that the women are sitting on comfortably on it and didn't know where to put their legs. on the other hand i think that the symbolism is clear. here a powerful women sitting on a chair designed by a woman i know and wharf on and off well. how are people there for me to pay attention to where they sit in the next style when chair by danish designer on a young. imposing what should also be a symbol of power since agnes will get past this month. you can put several chairs together in a group and when they're all looking at each other they almost form a room within a room. without isolating themselves from their surroundings this is what i said to them. from the baum hearings are those who are in the group still in the room but on the other hand they really excluding everyone else of ours . so you can divide and conquer with the wind chair. hans's exhibition of the seats of power is aimed to do just that to point the spotlight on the throne masquerading a

chief christine lagarde china's growth would slow through next year and into twenty twenty thanks to the trade conflict with the u.s. but she did give beijing some credit for important economic reforms and opening its markets. from. the top of the. news information. thank you very much for watching. reimagine. recreate that's what's required. the nation has become a necessity the nation. can't replace. be ready for this great. some love him. others hate him like oh. why do disappointed supporters still back donald trump fifty. two years after his election we take stuff. usa the trump phenomenon. forty five minutes the. scars cover and forget women in russia have to live with violence sexism and oppression of the same and violence is no muslim brusha. where putin's patriarchy was today women's rights were already gaining traction a hundred years ago. people here don't have a clue about feminism but there are women who want to instigate change in everyday life for justice and equality. under the skin of russia's women starts nov thirteenth on g.w. . what looks totally different when yo

the imf boss christine lagarde has said that central banks around the world should consider issuing digitalo—currencies such as bitcoin has created concerns for central banks and ms lagarde said that it would be safer if they create their own. shares in flybe have taken off, after the british regional carrier put itself up for sale, less than a month after issuing a dramatic profit warning. flybe's board says it's also considering cost savings. it warned last month that full—year losses would reach $28.5 million because of falling sales, a weaker pound and higherfuel costs. the music streaming giant spotify has launched across the middle east, hoping to tap into millions of digitally—connected consumers. the swedish company says it hopes it will cut down on music piracy but with several rivals already in operation, executives did not say how many users they expect to sign up. japan's economy is under pressure after a series of natural disasters hit spending and exports over the summer. gdp figures just released show japan's economy shrank 1.2% between july and september, with tensions betwe

director managing director christine lagarde and mr america is likely to occur at that g twenty summit in buenos aires later this month that we've told you about. and turning to the right ailing sector there is i catching news on earnings and two major players are entering the rewards game goober has released figures that show net losses increasing thirty two percent year over year in q three to a level of nine hundred thirty nine million dollars meanwhile labor says revenue increased by only five percent between q two and q three and another notable landmark in the sector is the bell but both over and rival lift have now begun to compete in offering rewards for frequent customers were got a head start launching their program yesterday lyft announced last week that writers can begin using their rewards programs next month. and it's time now for a quick break but hang here because when we return we'll talk about the future of financial technology then tech with henri where again the fin tech and crypto leader a big four accounting firm pricewaterhouse coopers and as we go to break here

christine lagarde says financial conditions have tightened in emerging markets.ise in significant risks are materializing. president trump has hinted at terrace -- tariffs on imported vehicles. he tweeted that the reason the small truck business is such a go to favorite is that for many years, tariffs of 25% have been put on small checks coming into the country. he added that his duties were imposed, general motors would not have closed factories or cut jobs. relief for the bank of japan, sales rose far ahead of yeartations, jumping 3.5% on year with forecast of 2.7%. figure also month smashed estimates rising 1.2%, three times higher than was forecast. the doj is hoping higher spending will help boost inflation. air said the plane that crashed to the job as he was not fit to fly, those reports are wrong. they say it was airworthy and the airline has always held standards. a faulty sensor was expected to be checked before the fatal flight. global news 24 hours a day, on aeronautic talk on twitter powered by more than 2700 journalists and analysts in more than 120

director-- imf christine lagarde talked at the forum in singapore. >> it might get worse before it gets better. i think that the ways in which these trade issues will be resolved are also difficult, because there are not many usual channels we can use given the circumstances and characters. the usual channels that we should be using are not conducive to the show designed by some. speakingstine lagarde earlier this week in singapore. we are joined by paul thompson, director of the imf european department. .ou put out a report on europe what is the answer to whether or not this is a temporary growth slowdown or something more sustained russia? paul: why we do think there is clearly a slowdown, and it does forslate into lower growth 18 and 19 then we had before, so in that sense, there is some permanence to it. 18/19 still see growth in is set to be higher than it's recovery.ry robust we shouldn't be surprised there is some weakening. we've been saying for a couple of years that growth is above potential, so some weakening was to be expected. but in addition to that, there are some headwin

christine lagarde. >> just we get past whatever comes out of this weekend.ngs set up for 2019 you're stilling with decelerating earnings. >> we got good news from the fed the other day. when we look at multiple contraction, a lot of times you see the trough multiple after the fed stops so the market will be let's look at how much damage was done that's one issue we have to deal with. >> lori, thank you bruce, thanks to you as well. >> michelle, before we bring in our next guest, i want to get your thoughts because we talk a lot about the federer has us is trade and what the markets are watching more closely. the two are really to a certain extent intertwined. >> if you're jay powell and you have to start to think about the implications of what would happen if we had a reduced trade relationship with china over time that means china has less of a need for u.s. dollars period, less of a need for u.s. treasuries so you lose this incremental -- what has historically been a huge buyer of treasuries at the same time you're unwinding your purchase of securities as

makers have come out in recent weeks saying they support their own digital currency initiatives christine lagardey should consider their own currencies it's not altogether done. >> in the discussions you talked about cryptocurrency, it's about the technology that underpins it and blockchain and that's a technology we'll have many more talks about it thank you for joining us on the show this morning. >> thank you ♪ ♪ >>> and switching gears to sports now lewis hamilton has had a championship winning season with a victory at the ab but dhabi grand prix he claimed his 11th win of the year coming in ahead of ferrari's sebastian battell. >>> let's talk about football for a moment south america's version of the champions league final this was postponed twice over the weekend after riots between fans and please in beuenos arie. there was an attack on a bus i have an argentinian husband. i waited all weekend for this match to happen but it sounded pretty violent out there we have g-20 this week what sort of message does that send >> it wasn't the first thing on the minds of the people at river plate. the

christine lagarde who is the director of the i.m.f. is here and that is because argentina has or seem to fifty six billion dollar bailout loan from that organize ation which comes of course with demand for even more stringent belt tightening in argentina which is in recession people say here this is just a deal of monks rich countries they're also criticizing donald trump he has a favorite target and this here for probably the first time of course we have the saudi crown prince is the eye of the storm people here are denouncing the war in yemen and what they called the brutal assassination of. the mayor the on these demonstrators i'd like our cameraman to show them a little bit more they are most of them young people but a few that few are congressman as well but curiously missing are the main trade unions that are loyal to former president cristina kitchener of the peronist party and that's because christina of the former populist president was the one who actually invited the g. twenty leaders to use when a site is as the location fo

in the united states, we have had janet yellen serve, the head of the imf, christine lagarde has risenition. up in find that in rising the central bank and other places, you have had a lot of discrimination, and the still feel discrimination? -- do you still feel discrimination? discrimination diminishes massively when you have power. the more senior you get, the less you experience. i think most women would say that when it is hardest is when you were young and have little power. so i think the answer is to get more women into power. [applause] david: all right. so the central bank in england is run by a canadian. thecan it be the case that people in england say we should have a canadian run a central bank. americans would not want to have another -- a person from another country running their bank, why is that not a problem? >> i think it is a legacy of the .k's history appointedcarney was the queen is the queen of canada. he had to be removed from his division and approved by the queen. and then she had to approve his appointment to the bank of england. as far as she was concerned,