i.m.f. and world bank currently taking place and indonesia. the u.s. china trade war is said to make the world poorer according to the i.m.f. and the 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 accumulates resulting harm to companies. policy reflects politics and politics remain unsettled in several countries further risks as relations between the world's top two economies worsen other countries could get caught in the middle pakistan a key recipient of chinese infrastructure loans has called on the world's lender of last resort for a bailout a move that could instant washington if i.m.f. money is used to pay off china. the prime minister consulted all the leading economists and after consulting with everyone he decided that we should begin talks with the i.m.f. program for stabilization and recovery on the basis of which we can control the economic crisis as are already trying to go over there it's not alone in needing h

dispute between the united states and china which policymakers underscored is going to be felt around the world this year's annual meeting of the i.m.f. and world bank took place in indonesia where people are reeling after last month's natural disasters. for. the world's financial leaders did not receive an open armed well. i'm here ten days after a devastating earthquake and tsunami hit indonesia protesters want their government to focus on helping victims instead of hosting a summit for the business at least. their message didn't go entirely on her on a visit to one of the most part the affected areas i.m.f. chief christine legarde promised to supply funds. today. but certainly too. soon after it was back to the usual order of business with the release of the i.m.f. salacious reports on the act look for global growth the spot between the world's top two economies drawing consequences not withstanding the present demand momentum in the us we have downgraded its twenty nine hundred growth forecast owing to the recently enacted tariffs on a wide range of imports from china and china's retaliation china's expected twenty nine thousand growth is also m

i.m.f. and world banks annual meeting policymakers underscored that a trade war between america and china was going to make everyone poorer this year it took place in indonesia where people are reeling after last month's devastating earthquake protesters demanded their government focus on helping victims instead of hosting a summit for the business elite their message didn't go entirely unheard on a visit to one of the most badly affected areas i.m.f. chief christine legarde promised to supply funds so that today. too. soon after it was back to the usual order of business with the release of the i.m.f. slated to report on the outlook for global growth the speck between the world's top two economies drawing consequences the international monetary fund has cut its global growth forecast for this year and the next. notwithstanding the present the man momentum in the us we have downgraded its twenty nine hundred growth forecast owing to the recently enacted tariffs on a wide range of imports from china and china's retaliation. china's expected twenty nine thousand growth is also marked down anoth

i.m.f. and world bank annual meetings and bali i.m.f. chief christina god is warning against a trade war even though trade corporation has driven an unprecedented period of growth and prosperity over the last seventy plus years. today it faces a backlash partly because too many people have been left out which to meet. current trade sanctions could reduce global g.d.p. by almost one percent over the next two years. clearly we need to deescalate these disputes but just as clearly we need to reform the global trade system to make it even better fairer stronger. mutually beneficial to all nations and all people and fit for the future. and that means fixing the system together not tearing it apart. well scott had joins us now from the asco global fund and it's clear they have a lot to talk about what will they be focusing on. as we heard there from the i.m.f. head a lot of the focus has been on those trade tensions mainly because yes you have the two top economists in the world and gazin these trade tensions and they're not meeting you know w

i.m.f. and world bank in indonesia. the world's financial leaders did not receive an open armed welcome here ten days after a devastating earthquake and tsunami hit indonesia protesters want their government to focus on helping victims instead of hosting a summit for the business at least. their message didn't go entirely on her on a visit to one of the most badly affected areas i.m.f. chief christine legarde promised to supply funds. but too. soon after it was back to the usual order of business with the release of the i.m.f. salacious reports on the act look for global growth the spot between the world's top two economies drawing consequences not withstanding the present demand momentum in the us we have downgraded its twenty nine growth forecast owing to the recently enacted tariffs on a wide range of imports from china and china's retaliation china's expected twenty nineteen growth is also marked down another factor worrying economists is the rise in global debt in the last decade average national borrowings have ris

i.m.f. and world bank's annual meeting in indonesia after last month's devastating earthquake people there are demanding the government's focus on helping victims. of all that and more with ben fizzling coming up for you shortly. don't miss our highlights. program on line w. dot com popular it's. not often that well i guess sometimes i am but i'm still laughing with the mistakes deep into a j.

indonesia's president joko widodo this week he was speaking before the worlds finance ministers and central bankers at the i.m.f. world bank meetings in bali widows said growing rivalry in the world's economy is becoming more and more like game of thrones referencing the h.b.o. t.v. series more than once the i.m.f. cut its forecast for world growth for the first time in more than two years this week the end blamed escalating trade tensions it also warned that a sharper than expected rise in interest rates could accelerate. pittel flight from emerging markets. as a barber was also at this week's i.m.f. and world bank meetings the government there got approval for a plan to pay back more than two billion dollars in debt and that's a vital step to securing new loans in order to revive the economy prices of basic goods and medicines risen in the last few days a recent tax on bank transactions is being blamed. reports now from harare. some zimbabweans are calling it the worst economic crisis in a decade businesses and shoppers aren't happy with the recently introduced two percent tax on bad transactions products now cost more a

dispute between the united states and china which policymakers underscored was going to be felt around the world this year's annual meeting of the i.m.f. and world bank took place in a measure where people are reeling after last month's devastating earthquake. the world's financial leaders did not receive an open armed welcome here ten days after a devastating earthquake and tsunami hit indonesia protesters want their government to focus on helping victims instead of hosting a summit for the business at least. their message didn't go entirely on her on a visit to one of the most part the affected areas i.m.f. chief christine lagarde promised to supply funds. i agree but you are going to. go. soon after it was back to the usual order of business with the release of the i.m.f. salacious reports on the act look for global growth the spot between the world's top two economies drawing consequences not withstanding the present demand momentum in the us we have downgraded its twenty nine hundred growth forecast owing to the recently enacted tariffs on a wide range of imports from china and china's retaliation china's expected twenty nine thousand growth is

i.m.f. unfortunately you know especially because how economy is to linked to the international markets you know we. are under influence of world bank i.m.f. this kind of. organizations and while liberal mainstream media around the world doesn't like balsa narrow bloomberg reporting markets are reacting really well to the prospect of also narrow winning clear preference wall street journal brazilian swamp drain they call him j.p. morgan chase election is his to lose what about that difference between the financial press and the mainstream international press a good question i think maybe ford international press is is clear the situation here in brazil is very serious because probably things we had the end of the military dictatorship we didn't have the strong possibility of having the first real fascist president you know ruling brazil i think the brazilian media it's not calling him by his. real name. fascist because they are afraid of or because they are supporting him you know unfortunately mostly of the mainstream media and brazil are cowards. our decide to ation they think all we need to call this guy for his real name he's a fascist and no doubt a democracy and br

i.m.f. and world bank annual meetings in bali i.m.f. chief christine the god is warning against a trade war. even though trade corp has driven an unprecedented period of growth and prosperity over the last seventy plus years. today it faces a backlash partly because too many people have been left out. to meet that discoloration of current trade tensions could reduce global g.d.p. by almost one percent over the next two years. clearly we need to deescalate these disputes but just as clearly we need to reform the global trade system to make it even better fairer stronger. mutually beneficial to all nations and all people and fit for the future. but that means fixing the system together not tearing it apart. and as a former u.s. ambassador to the asian development bank and he says there's a chance the current tensions between china and the us could produce a positive outcome. the big stories the big trends we're hearing about here at the world back i am at meetings clearly the big one is still growing but perhaps lowering a growth rate for

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. in a prolonged conflict could mean more shocks to the global economy. the impacts of trade policy and uncertainty are becoming evident at the macroeconomic level while anecdotal evidence accumulates on the resulting harm to companies. policy reflects politics and politics remain unsettled in several countries further risks as relations between the world's top two economies worsen other countries could get caught in the middle pakistan a key recipient of chinese infrastructure loans has called on the world's wonder of last resort for a bailout a move that could instant washington if i.m.f. money is used to pay off china. the prime minister consulted all the leading economists and after consulting with everyone he decided that we should begin talks with the i.m.f. program for stabilization and recovery on the basis of which we can control the economic crisis. program instability further go over there it's no

of the international monetary fund and the world bank in bali well the response to the disaster in sort of we see is on the agenda at that annual meeting of the i.m.f. and the world bank the global economic outlook poverty eradication and economic development are also up for discussion al-jazeera scott hyla joins us live now from bali with more scott hi there over to you. peter well yes exactly this is you know the discussion with these two bodies about the global economy but as you mentioned you know there is discussion about preparedness for disasters preparations for disasters and that's something that's been on the agenda at these meetings these annual meetings for several years coming that obviously special focus here because of what's happened over the last two weeks but also the region where we are to is known as the ring of fire there are a lot of natural disasters that happen here now to discuss this further and what the next steps are let's bring in a car i'm standing now here is the head of the u.n. development program no i can't thank you for joining us when you look at what happens now let's look specifically at the current disaster th

i.m.f. and world bank annual meeting in bali i met chief christine the god has warned against a trade war even though trade corporation has given an unprecedented period of growth and prosperity over the last seventy plus years. today it faces a backlash. partly because too many people have been left out. wisdom eight that discoloration of parents played dungeons could reduce global g.d.p. by almost one percent over the next two years. clearly we need to deescalate these disputes but just as clearly we need to reform the global trade system to make it even better fairer stronger. mutually beneficial to all nations and all people and fit for the future. but that means fixing the system together not tearing it apart. joins us live now from bali scott saw global financial have lots to talk about but what will they be focusing on. there no absolutely it's a lot about trade tensions as we heard there from the head of the i.m.f. because it's such a wide cast shadows that is cast by this trade tension because when you have the two top economies in the world engaged in trade tensions that has knock on

i.m.f. and the world bank expressing concern about the global economy over the next two years world bank is concerned because the trade friction between the united states and china will have knock on effect on poor nations and they are going to be stunned because of supply chains they're impacted by those two largest economies and their trade friction the i.m.f. also citing that friction saying that they have downgraded their outlook for the global economy over the next couple of years downgrading it point two percent. welcome steiner is the head of the un's development program and he says there needs to be a better system of preparedness for these natural disasters in the ash pacific. but usually the first step is indeed search and rescue but alongside already begins a recovery phase and then the reconstruction phase and at the request of the indonesian authorities. a number of our organizations are already engaged for instance to n.d.p. right now and preparing to assist with removing rubble and debris so we can actually create access nexus to some of the areas remains a challenge and then

i.m.f. and the world bank coming up with a sharp a clinton administration official lays out the threats to the trump presidency and the man one step to be trump's ambassador to the e.u. it's back plus spoken word and the civil rights struggle we speak to award winning poet sophia core but first while the media of nato nations continue to allege russia of unproven crimes its biggest economic bloc the e.u. continues to negotiate with defacto bricks at rogue state britain so how will the u.k. deal with the usa as it threatens china with tariffs and iran with war all this means the u.s. media that appears to be at war with trump over everything from russia to alleged sex crimes and all this when you're a liberal i.m.f. was christine legarde today makes veiled threats against trump trade policy joining me now to discuss it is a former clinton administration official laura schwartz in person in part it's great to be in studio thanks for coming to the studios are obama presumably your old boss clinton were against bricks it or prospect you think britain has of getting a trade deal with trump well rig

i.m.f. and world bank in indonesia of all places. the world's financial leaders did not receive an open armed welcome to the areas i.m.f. chief christine lagarde promised to supply funds. so that today and i agree. to. go. soon after it was back to the usual order of business with the release of the i.m.f. places reports on the act look for global growth the spot between the world's top two economies drawing consequences not withstanding the present the man momentum in the us we have downgraded its twenty nineteen growth forecast owing to the recently enacted tariffs on a wide range of imports from china and china's retaliation china's expected twenty nine thousand growth is also marked down. another factor worrying economists is the rise in global debt in the last decade average national borrowings have risen from around a third of economic output to more than half. that it's an especially big concern for emerging economies many of which have seen money leave as a result of a rise in interest rates. with economic titans at loggerhead

i.m.f. and the world bank in bali forum thank you so much. and a quick reminder of the top story we're following for you at this hour support for germany's governing party is has plummeted to the lowest level ever recorded a new poll shows only one in four people is happy with i know america grand coalition. this is the dominos we have a fresh frozen coming up at the top of the hour for now thanks for watching. more intrigued international talk show for journalists discuss the topic of the week it's a big weekend in german politics the people of the very go to the polls in an eagerly awaited regional the election advantage called the could reshape german politics at the national level to find out how shortly. quadriga. d.w. . kicked off my model. we once know which is the best book on the campaign this time to do news on the checks in spain super successful and. i'm a cubs free stunner versus full folder concepts the freestylers takes on a rising bowser's legal stuff who knows the better but you steve. sixty minutes. endless all consuming conf

i.m.f. and the world bank in bali forum thank you so much. this is due to other news from earlier and more coming up the top of the hour for now thanks for watching wherever you. want dream go international talk show for journalists discuss the topic of the week fiction because we can do german politics the people of good varia go to the polls in an eagerly awaited regional the election advantage company could reshape german politics at the national level find out how. quadriga next d.w. . the first time. i know you have a credible it's a whole new more. i am in cyberspace or on the street i. will not think it means do you think the first and sexual frustration to. still have to get used to these robot noises exploring new frontier sex and love three point zero in forty five minutes on w. . being armed forces are under pressure they're battling recruiting problems outdated and broken down equipment and limited budgets. challenges a huge missing person of tanks we have ten divisions that don't have talent so zero sourcing and privatisation are

i.m.f. and the world bank of approved their plans for zimbabwe to pay back more than two billion dollars in debt it's a vital step to secure a new loans to revive the economy the government recently imposed a tax on bank transactions that has been blamed for raising prices it's also affected the health sector and a number of businesses have been forced to close that's a look at your headlines here on opposite bank with the news hour right after inside story. an unexpected crisis that's putting a strain on relations between key allies what will the u.s. to be on an investigation it's announced the missing saudi journalist democracy showed you and how will we fend off the widespread outrage over the allegations that the saudi critic was killed on its own this is inside story. welcome to the program on iran come on u.s. senators have forced the government into joining the investigation into the disappearance of saudi journalist jamal khashoggi it was last seen entering the saudi consulate in istanbul nine days ago turkish security sources say he was murdered there by a saudi hit squad the saud

i.m.f. and the world bank in bali forum thanks so much. this is the dollar news from berlin more coming up the top of the hour for now thanks for watching. to caution my. wee one town which is the best football league and this time deja news i checked said spain's super successful. pickup spree stonor versus full folder concepts freestyler takes on a rising bones as legal stuff. the better but you see. more intrigued international talk show for journalists to discuss the topic of the week. it's a big weekend in german politics the people of bavaria go to the polls in an equally a way should regional the election undamaged help could reshape german politics at the national level find out how quadriga shortly. quadriga sixty minutes on. coke is in germany to learn german. published in the. why not learn with him online along the mobile and free to suffer from the w e learning course you call a streak. of . luck. yes yes yes. i'm on a motion for the young man with the fancy footwork is on a mission a mission to find someone who's better with

i.m.f. and the world bank expressing concern about the global economy over the next two years world bank is concerned because the trade friction between the united states and china will have knock on effect on poorer nations and they are going to be stunned because of supply chains they're impacted by those two largest economies and their trade friction the i.m.f. also citing that friction saying that they have downgraded their outlook for the global economy over the next couple of years downgrading at point two percent and egyptian military court has sentenced seventeen people to death row involvement in the coptic christian churches last year twin bombings in alexandria and tom time in april of twenty seventeen left at least forty five people dead and more than one hundred thirty seriously injured i sold claimed responsibility amnesty international says those who organized it should be held accountable but criticized the imposition of the death sentence. i think two people have died in eastern india after cycling made landfall in addition a state three hundred thousand people will move to

i.m.f. meeting in bali and he said that he would address the topic they're going to do in the in the frankfurt thank you very much. well the i.m.f. and the world bank are not the only organizations worried about the world economy the world trade organization has also issued a dire warning if the u.s. and china continue to escalate their trade conflict they predict that a full blown trade war between the two economic superpowers could cause global trade volumes by more than seventeen percent leading to an almost two percent contraction and world order to vittie with a conscience for literally everyone he told members also complained there were little signs the two countries were making progress at the negotiating table. the european union wants its car industries fleets to emit thirty five percent less carbon dioxide by twenty thirty that's what e.u. environment ministers meeting in luxembourg have agreed on. showed a rift between east and western europe germany backed by eastern states fiercely resisted the forty percent cost was the european parliament voted for last week luxembourg the netherlands nordic states none of which has a car industry ha

i.m.f. and the world bank expressing concern about the global economy over the next two years world bank is concerned because the trade friction between the united states and china will have knock on effect on poorer nations and they are going to be stunned because of supply chains they're impacted by those two largest economies and their trade friction the i.m.f. also citing that friction saying that they have downgraded their outlook for the global economy over the next couple of years downgrading a point two percent. global financial markets are having one of their worst weeks this year asian european and u.s. stocks all continue to fall on thursday investors are concerned over the trade war between the u.s. and china and it will hit businesses as well as potential rate rises by the u.s. federal reserve peter candelo who's chief market economist at sponson capital securities says the dispute with china is one of several factors beyond the market falls. it's a combination of trade issues and of course rising interest rates that is you know that have risen to levels that we haven't seen in

the twenty sixteen failed coup and designs to relief and development of the spotlight and denise the world bank and i.m.f. weeks after a devastating earthquake and tsunami. saudi arabia says it has complete confidence in a joint team formed with turkey to investigate the disappearance of journalist jamal khashoggi but those upbeat comments are at odds with the kingdom's growing international isolation the head of the world bank is the latest prominent figure to pull out of a major investment conference to take place and later this month we begin our coverage with stephanie deca and istanbul. they are explosive allegations the washington post quotes turkish and u.s. officials confirming that turkey has or g.-o. and video recordings that prove he was killed inside the saudi consulate you can hear his voice and the voices of men speaking arabic an anonymous source tells the paper you can hear how he was interrogated tortured and then murdered another source says men could be heard beating. this is a crime the reason is that crimes that it is during one of his appearance is not going to happen and that killi

i.m.f. and the world bank have approved plans for zimbabwe to pay back more than two billion dollars in debt this is a vital step to secure new loans to revive the economy the government recently imposed a tax on bank transactions that's been blamed for rising prices it's affected the health sector as well number of businesses have been forced to close and authorities have banned protests organized by the trade unions because on top of all this cholera epidemic. the challenges facing zimbabwe's economy come from a severe shortage of cash and that is historical unfortunately you go back to july two thousand and eight and zimbabwe's inflation already the highest in the world was that two hundred thirty one million percent which is impossible to understand really it led the government to announce that some shops could then sell with foreign currencies but there's a bubble in dollar continued to plummet and by january of two thousand and nine the government which you may remember was then a forced power sharing coalition decided to phase out the zimbabwean dollar which was look at five hundred m

al-jazeera news i will also cover these stories disaster relief and developments are in the spotlight as indonesia hosts the world bank and i.m.f. only weeks after a devastating earthquake and tsunami. and national treasure returns to iran after an order by a court in new york. and joe will join us and tell us why croatia and england will be playing friday's nation's league games behind closed doors that's in the sports news in about fifteen. nice pink skies by the time half. hour is the sun sets in the city of angels. there are two times in the year two periods when you might get psyched out on the side of india when the monsoons coming up and i wanted to subpoena his disappearing moment so this is the latest cycle which is you just heard killed nine people as it came through the coast of a dish it did some mind hours with the winds the flooding of course course and widespread problem and still does now the figures that came out of it poorly two hundred times two millimeters and jharkhand a hundred eleven the rain of course has spread north and east and is still going in that general direction will fire the next two days more

and trump the i.m.f. has never been like the world bank is favored institution anymore i mean went to the un and pounded the last week if you could go to bali which he won't he would do the same against the i.m.f. i don't think that she has you know much significance to suggest that the you know global trade will be off by point two percent. as a result of the trade difficulties it is not consequential the real problem i think in the global economy is a rising interest rate environment which will affect emerging markets actually quite dramatically but it's not the opec countries because the oil price looks pretty firm between seventy five and eighty which is positive for countries even like russia and the usa and the other saluted in other words net exporter we were part of the globe but the media in your country which stretches this country for some reason. when there's things happening about your supremes court nominees and so on do you think it matters that much because the way we're told here in britain is trumps polling numbers a lot because look at all of this the new york times showing what a liar he

and in advance of this week's i.m.f. world bank g twenty meeting which we mentioned earlier the i.m.f. latest world economic outlook has revised global growth projections downward the i.m.f. now says they expect overall global activity to increase by three point seven percent down from a previous forecast of three point nine percent the report warns against what they designate as protectionist policies telling the u.k. guardian quote the world will be more poorer and more dangerous if current trends continue taking a closer look at the i.m.f. revised growth forecast for agenda dated emerging economies also downward to four point seven percent after previous predictions were as high as five point one percent one reaction to the report and its revised growth forecasts appeared to include the fall in london's footsie one hundred two a six month low. and we now turn to india's financial sector and take a look at banking and related non-bank lending system which. some so used to touring on the edge of disaster for more years or to corre