we'll get perspective from the head of the international monetary fund who just spoke to ali velshi. >>> and the bull back of ameri america's bank the first look of al jazeera premiere of money for nothing. that story and more as real money conditions. real reporting that brings you the world. giving you a real global perspective like no other can. real reporting from around the world. this is what we do. al jazeera america. >> our in depth series on education continues... >> i'm a physicist, and i've gotten a whole new understanding of the meaning of inertia, from trying to get these ideas out... >> flip school, part of our week long in depth series america tonight only on al jazeera america >> investors are not the only ones spooked by signs of an emerging market slow down. the world bank is a major lender to developing countries. based in washington, d.c. the institution is a regular participant at the world economic forum in switzerland. ali velshi is there all week long covering the forum, and he just spoke with the world bank president dr. jim young kim. >> as part of the world

we'll get perspective from the head of the international monetary fund who just spoke to ali velshi. >>> and the bull back of ameri america's bank the first look of al jazeera premiere of money for nothing. that story and more as real >> i'm phil torres, for techknow contributor rachelle oldmixon... >> so the first thing i have to do, i get to fill it with saliva... >> this time, it's personal. >> you can fast-forward through this part... >> it's a test that promises to predict her medical future... >> my health risks just loaded, and the first one would give any woman reason to pause... nobody in my family has ever been diagnosed with breast cancer... >> techknow on al jazeera america >> investors are not the only ones spooked by signs of an emerging market slow down. the world bank is a major lender to developing countries. based in washington, d.c. the institution is a regular participant at the world economic forum in switzerland. ali velshi is there all week long covering the forum, and he just spoke with the world bank president dr. jim young kim. >> as part of the world that y

analysts at the international monetary fund have made a slight upgraded their forecasts for growth this year due to the recovery in advanced nations. officials at the imf have released their latest world economic outlook. they say the global economy will grow three point seven percent in two thousand fourteen up zero point seven percentage point from last year. the growth forecast a zero point one percentage point higher than the previous projection announced in october. imf officials have raised the forecasts for us growth to two point eight percent which is up zero point two percentage points. they say congressional budget deal has reduced the fiscal track on the us economy. it also upgraded their growth forecasts for japan by zero point four percentage point to one point seven percent they say the government stimulation and partly offset the impact of a consumption tax hike in april. any project the eurozone economy to pick up and grow by one percent. the reason has been mired in a prolonged recession due to a debt crisis. but officials at the imf say the zone is turning a corner and

and shakers from the business political, ali velshi is there, and he caught up with the international monetary fund. >> reporter: it's fueled by the private sector, and that's a good thing because we have observed a drive because budget policies were tightening public spending, were increasing revenues, and that drug is gradually fading away as we move to 2014. growth in the u.s. should continue to instructin strengthd that's good. >> and ali velshi will have more today and tonight on "real money." >>> recreational marijuana in colorado and washington is bringing in big money for both of those states, but banks and credit cards are reluctant to work with retailers. thomas has more. >> reporter: standing in line in the snow. >> reporter: colorado made history on january 1st when the state legalized marijuana for recreational use, the first in the country to do so. by noon that day, customers were lining up for bubba kush and it's the cash end of the booming industry that's has president obama's administration rethinking its pot policy. on thursday, attorney general, eric holder, announced that he wo

international monetary fund increased estimates for u.s. growth to 2.8% from the original estimate of 2.6% because of consumer spending and government spending cuts. david: carrier's profit rose more than expected help by lower fuel costs and higher fares for delta. sandra: bombardier is laying off 700 workers in the aerospace division and 600 in the u.s. a lot of layoffs. david: i hate to hear about that. taking one% control of taxpayer bailout of chrysler. can you say bailout? probably not. follows a $4.35 billion deal with union affiliated health care trust that owned part of the company. sandra: apple getting a temporary reprieve from a court appointed monitor overseeing its ebook business. the tech giant says the monitor has been too intrusive pursuing its antitrust duties. david: "the wall street journal" is reporting that former treasury secretary tim geithner had choice words for the chairman of standard & poor's parent company after the ratings agency downgraded u.s. debt the journal said geithner said the firm made an error and wo

'a high-ranking official of the international monetary fund and three united nations officials also died in the attack. >> the u.n. here is committed, has been for the past many decade now in afghanistan, and remains committed to helping afghanistan on the path to peace and stability. >> insurgent attacks in afghanistan have increased as u.s.-led force prepare for their final withdrawal at the end of the year. the taliban says the attack was revenge for an afghan military operation it claims killed many civilians. >> friends gathered today to remember a 14-year-old girl hit and killed bay light rail plain san -- train in san jose. danicka garcia was riding her bike when she was hit by a train. friends gathered at the scene to remember her today. garcia was a student at del mar high school. grief counselors are available for students and staff there. sky 7hd show us us where the accident happened yesterday morning. no one onboard the train was hurt. >>> san francisco police are back on the scene of a crash involving a motorcyclists and a car that happened yesterday afternoon around 3:15.

and the international monetary fund came out with a study last year, indicating that high levels of economicnequality can stunt long-term growth, and we should care about it from an economic perspective but also from a societal perspective as ox-fam knows from its years working in developing countries, we mow that high levels of economic inequality can stunt the rate of poverty reduction -- >> is the principal that the wealthy -- there are so many goods and services that wealthy individuals can purchase whereas if you spread it out that stimulates economic growth? >> that's part of it, right? we want to ensure that working class people can contribute to grodenning the economy and be full participants in terms of economic growth. >> what are some of the making? >> well, first off this is not just an economic issue but a political issue. we targeted the participants because these are the real movers and shakers of the global economy that can really push change forward, so some of the things we're asking them to do is not dodge taxes and fight tax avoidance, to support the minimum wage in the c

including the international monetary fund's representative and u.n. personnel. >> as you can imagine, we're very shocked and sad and it's a very heavy day here for us. we've lost some four u.n. staff members in this attack. you can imagine teesket it's had on staff members here. >> attacks by the taliban have increased in recent months since foreign forces handed over control of security to the afghan authorities. ahead of their full withdrawal by the end of this year. a german newspaper is reporting that germany and france are getting ready to send more troops to two african countries. they say a german-french contingent will join the ongoing mission in malli and the german army will provide support for operations in the central frin republic. the report has not been confirmed by the german government. there has been a lukewarm response here in germany to u.s. president's barack obama to reform the way u.s. intelligence collects data both in the u.s. and abroad. last year's revelations that the u.s. was spying on the chancellor's private cell phone c

of the 1% of the 1% attending here, but many are global leaders, ceos, the head of the international monetary fund and they're all here. and they have identified that while the world is projected to grow faster in 2014 than in 2013, the idea of unemployment, youth unemployment. and highly pressured middle class and disparity and inequality is the world's problem. they say if we don't solve these problems, it will lead to unrest. we're becoming a world of haves and have notes, and that's not something that symbolized the developing world historically, and it's symbolizing all of our world. >> i know that they will be talking to you, ali. you can see "real money" with ali velshi on aljazeera america. >>> five men who were made famous in the film, good fellas, have been rounded up by the fbi. >> a raid at kennedy airport. >> always keep your mouth shut. >> the robbery was one of the biggest capers of all time. $6 million in cash and jewels stolen from the airline's cargo site. this morning, five alleged crime figures all arrested on charges linked to the heist and all unsolved murders. they are belie

." >> the international monetary fund has just delivered a new positive outlook on the global economy. now predicting growth of 3.7% up from 3% in 2013. the group said the united states is seeing increasingly solid gains and can expect the economy to throw a percentage point more than last year. but the imf is warning deflation when the prices of goods and assets are falling could put the global recovery at risk. risk to the global economy are our key focus to the business and political leaders gather in switzerland for the annual meeting for the world economic forum. ali velshi is with them and has this look at an exclusive event that equationally makes news, and always attracts attention. >> reporter: this is davos, a snow-capped ski town perched 5,000 feet above sea level it'ss billed as the last beer stop before heaven. once a year this sleepily alpine village is transformed as a gathering spot for the world's elite to discuss solutions to the world's pressing financial problems. >> they'll hone in on technological innovation, on the lingering effect of the recession on the world'

today, the international monetary fund actually said it would -- it was slightly more optimistic abouthe global forecast. the imf has updated its outlook, saying the world economy will grow at a rate of 3.7% in 2014. what are the bright spots and where are the areas for concern? little while -- a ago with the imf's chief economist. is the global economy finally picking up speed? >> it is. as you know, the growth forecast for this year, 3.7% for the world, as opposed to 3% lasted. great? no. not yet. >> what are you still worried about? not.7% is good, but it is good enough to make a big dent in unemployment. unemployment is still very high. goll, a lot of room to forward. we are not there yet. risks.still >> which economies are you worried about? >> there is no question, it is sovereign europe. they have a tough time. they are doing better. they need to get back to higher activity. they need to be more competitive. they need to take care of their fiscal issues. whileis is difficult doing well in terms of exports. internal demand is weak. banks, fiscalak consolidation. they are making i

david tomorrow i'll talk to the heads of the international monetary fund and the world bank and get al snapshot for what 2014 is going to look like economically across the world, and how that affects americans. >> ali velshi from davos, and we look forward to his update tomorrow. >>> there has been another attack on herbalife, and this time the brood side does not involve a bunch of hedge fund managers battling over the stock. ed markey called for an investigation after hearing complaints from stit -- constituents. he believes the business model could be a pyramid scheme. it relies on independent distributors to sell their products to consumers, think avon and mary kay. he says . . . herbalife said it will address the senator's concerns at its earliest convenience. the company's stock dropped 10% during the trade session. >>> up next, it's cold outside and natural gas traders love it. so how about the rest of us? how the cold snap in the east will effect the economy for all of us, that and the challenges for red lobster when "real money" continues. our in-depth series on education con

. >>> good news about forecast for global economic growth, international monetary fund just raised its outlook for worldwide growth for the first time in nearly two years on rising consumer demand and higher inventories, especially in the most advanced economies. >> that will certainly be one of the topics of conversation in davos switzerland where political business and entertainment leaders around the world are meeting for the world economic forum and they'll talk economic followcy policy and philanthropy and new business deals. >> reporter: 4,000 miles from new york city is davos, switzerla switzerland. it's the birthplace of many modern winter sports. it's a permanent population of 11,000, come january every year, many of the residents bolt making way for the 2500 or so participants. world economic forum that arrive by train and car and helicopter and come from more than 100 different countries tackling the world's biggest problems. >> the united states is doing a little better than the average country. europe stands to have a recession that by some measures as bad as the great dep

of structural rules that were imposed on guatemala and many other countries through the international monetary fund in the world bank with leadership from the united states a pattern throughout. of large scale development projects mining hydroelectric dams and so forth within indigenous territories but without in many cases even minimal consultation what clearly what i'm all is and is in a desperate economic situation absolutely right what we're wrong to do is say there for any kind of economic development from the outside is going to be a benefit their only purpose is to extract as much money as possible to feed into the global financial system. with lira part of the geo political economic system that's extremely exploitative i would argue that the legacy of money it's it's precisely that that it has some short term economic benefit both most of those economic benefits accruing to investors and has a long term ecological consequence that is very negative for the for the ongoing development prospects of the region. it wouldn't surprise me at all if many of you directly or indirectly are invested in

of structural rules that were imposed on guatemala and many other countries through the international monetary fund in the world bank with leadership from the united states a pattern throughout the water model of large scale development projects mining hydroelectric dams and so forth within indigenous territories but without in many case even minimal consultation what clearly what amal is and is in a desperate economic situation absolutely right what we're wrong to do is say therefore any kind of economic development from the outside is going to be a benefit their only purpose is to extract as much money as possible to feed into the global financial system. with me or a part of the geo political economic system that's extremely exploitative i would argue that the legacy of my isp is precisely that that it has some short term economic benefit both most of those economic benefits accruing to investors and has a long term ecological consequence that is very negative for the for the ongoing development prospects of the region. it wouldn't surprise me at all if many of you directly or indirectly are inv

grew one point nine percent in two thousand thirteen as compared to the pv is here the international monetary fund and market analysts predict that the us economy will expand at around three percent in two thousand fourteen and will fulfill its growth potential. and the us markets and those following the latest theater showing the nation's positive growth the dow jones industrial average ended higher seven tenths of a percent at fifteen thousand eight hundred forty eighth and the nasdaq closed up by more than of one and three quarters percent. easy to get stocks are kicking off we go to them the militant is standing by at the tokyo stock exchange may mean good morning kiss my kids are leading the way higher can help to carry through with the momentum like until you get sick and on this illustrates the opening levels and you can see what i'm talking about. both indexes and well into the positives of fifteen thousand one and twenty seven up about eight tenths of a percent for the sport in the case or on the right path however the nikkei was down three hundred eighty four points for the week. as of t

lori: i have to ask you this, international monetary fund upgraded the u.s. economic growth this year. this is the first upgrade in two years to 2.8% from 1.9% pointed to consumer spending and the easing of government spending cuts. the talk about the fundamentals the way you see it right now. >> the fundamentals look pretty good. they have all raised their estimates and they are right, but economic data does not go in a straight line. if you look at each of the last four years, it was in the spring we saw soft spot in the data. we saw a pullback. last year only 5%, but in prior years it was a double-digit decline in the spring. we can get another one of those this year perhaps if things soften up a little bit. an overall gain for the economy, 3% gdp. but they are not headed higher after the fed committed to tapering, that could be enough to cause the curse to rear its ugly head again. lori: thank you, jeff kleintop. we will see you again soon. ad gordon chang has been warning of a collapse, perhaps, of the chinese banking system. author of the coming collaps

of the international monetary fund, christine lagarde, spoke about the world economy at the national press club yesterday. she discusses the effects of tapering by the federal reserve and a budget deal in congress. this is what our. -- one hour. >> now for our guest today, she is the first woman at the helm of the international monetary fund and the first woman to hold a finance minister job in a g7 country. christine lagarde has led the imf for two and a half years during which time she has been a -- european economic crisis. when she took over the job headquartered in washington ms. lagarde was not you knew. she attended holton arms school in bethesda and worked at the u.s. capital as an aide to then represented william cullen where she helped him correspond with this french-speaking constituents during the watergate hearings. [laughter] a one-time member of the french national synchronized swimming team and devoted antitrust labor lawyer, madam lagarde became the first chairman of the law firm baker mckenzie. early in her career at the job interview law firm impairs she was told s

china overtook the united states the world's largest with straighter according to the international monetary fund forecast it would take china just another four years to secure the gdp level that is close to the us and the terms of purchasing power parity in shares in global gdp. according to ms levy's the money goes to the newspaper of the foreign observers expect china to become the woods largest oil importer. they interviewed experts forecast that china will become the woods leader by gdp after two thousand twenty changes in global distribution of power open up great new opportunities for russia which is the main export of raw materials in maintaining close cooperation with china. the statistical data provided by the chinese customs administration shows that the bottom of foreign trade which was four point two trillion dollars at the end of two thousand thirteen which is seven point six percent more than two thousand while export volumes grew by almost eight percent at the end of two thousand thirteen compared to two thousand twelve instead of two point two trillion dollars was in court filing

it's time now for the latest in business these economists at the international monetary fund warned investors of vulnerability in emerging markets just last week and as best as i seen that prediction come true i did see the joins us now from the business said su been falling the sky with the latest forecasts that investors have been on taking money out of countries like argentina south africa turkey to invest back into the dollar and authorities in these countries are free the two watches that is going to cause inflation. so the turkish central bank has raised all its main interest rates to prevent the currency the yuan from tumbling further. the bank's policy makers held its emergency meeting on tuesday. among the key rates the overnight lending rate was raised from seven point seven five percent to twelve percent the lira has been weakening ever since speculation increased last may that the us central bank would scale back its monetary easing measures. the decline further after a sharp fall in argentina's currency last week. the policymakers apparently took the bold move because they consid

that was part of what was behind deals with the eu and his resistance, international monetary fund was demanding in exchange for help he make difficult austerity moves. russia, hoping to continue its influence in ukraine, stepped in. president putin, $15 billion in aid. russia has a lot of money on the line and they're concerned about this unrest, about what this means after russia's investment in ukraine's future. >> all right, david, covering the story for the "new york times" via skype from kiev, thanks so much. >>> the syrian peace talks in gene geneva, women and children will nowing allowed to leave homs where government forces have been attacking rebels. the city was one of the first to rise up against the regime of bashar al assad. 800 families are said to be trapped without regular access to food, medicine and other necessities. the government and the rebels have yet to talk about the most difficult issue facing them, whether assad will remain in power. >>> a chinese activist who campaigned against corruption was sentenced to four years in prison today, convicted of disrupting

workers and a representative from the international monetary fund one bomber blew himself up at a restaurant popular with afghan officials and diplomats the interior ministry says a gaza killed two other gunmen and the who tried to storm the venue the taliban's claimed responsibility for the attack. nature has but another chunk of the iconic statue of lies the way to me a overlooking rio de janeiro it's a lifetime has been chipped by a powerful lightning strike floridians have assured the damage will soon be repaired the thirty eight metre tall monument is a frequent thunderbolt target and underwent a multi-million dollar renovation in twenty ten the euro zone's new west and poorest member led via maybe the maybe europe sponsors growing economy but its population has been falling leaves and bounds and those leaving the country are blaming government negligence all scott caught up with one of them service is one of thousands of workers who will leave latvia this year but his destination is perhaps surprising to be leaving this e.u. state to work in azerbaijan. life is always hard but in this

. >> international monetary fund chief christine lagarde spoke about the world economy in 2014 citingp toward stabilizing the economy. from the national press club, this is an hour. >> now for our guests today she is the first woman at the helm of the international monetary fund and the first woman to hold a finance minister job in a g-7 country. christine lagarde has led the imf for two and a half years during which she has been erased and the european economic crisis . not new to the u.s. capitol. she attended holton arms school in bethesda and mark that the u.s. capital as an aide to then representative william cohen where she helped him correspond with his french speaking constituents. [laughter] >> a onetime member of the french national synchronized swimming team, she became the first female chairman of the international law firm baker mckenzie. earlier in her career and a job interview in the law firm in paris she was told she would never become a partner because she was a woman. it later in her career she would stress equal opportunities for women, encouraging them to work in

the chief economist at the world bank as was the first deputy managing director of the international monetary fund. fisher has also been a longtime professor at the massachusetts institute of technology and can count both outgoing fed chairman ben bernanke keith and european central bank head minute friday as former students. florida's southern palm beach county is swamped by heavy ryan for the second consecutive night closing stores i'm completely some matching light to run routes lions on sunday my distractions of being to site known to five southbound imports on page one of our cottage for several hours with no palm beach county schools will decline is an old catholic school was in the palm bay scallops people so shocked. the national weather service has reported the between thirteen and eighteen inches on ryan found in some areas. emergency services of bustling the floods in an attempt to rescue stranded money to risk residents who often flooded out that vehicle was on podiums. local farmers face of such top ten and resell it is the most affected by . i. pastor of a residential neighbourhood h

to the head of the international monetary funds about the global economy to the ceo of cisco about howtage of internet being about inanimate objects like bridges that warn they are about to fail. inventory that tell us merchants when they need to be replenish. it's world economic forum is about big ideas and i am going there because i think you deserve as much access to those ideas as no who have the time and money and the influence to attends. so i will be your eyes and ears to let you know about the big themes being discussed by global, political, and business leaders so that you can prosper from those ideas too. i am there to work i won't even hit the slopes not even once but that's not much of a challenge because i am a terrible skier. that's our show for today. i am ali velshi. thanks for joining us, ♪ ♪ ♪ this is al jazeera america live from new york, i'm jonathan with the headlines, violence is intensifying against the government and tens of thousands are aiming at stamping out the protest and they kidnapped a policeman and injured 20 others. tomorrow iran will be with the long

workers and a representative from the international monetary fund one bomber blew himself up at a restaurant popular with afghan officials and diplomats interior ministry says guards killed two other gunmen who tried to storm the venue the taliban's claimed responsibility for the attack. nature has a bit in another chunk of the iconic statue of christ the redeemer over they can leave your vision narrow as ride saw has been chipped by a powerful lightning strike authorities have assured of the damage will be repaired soon the thirty eight meter going in is a frequent lovable target and underwent a multi-million dollar innovation in twenty ten the euro zone's a new withstand poorest member latvia may be europe's fosters a growing economy but its population has been falling leaps and bounds and those leaving the country are blaming government negligence paul scott caught up with one of them. so the gay is one of thousands of workers who will leave latvia this year but his destination is perhaps surprising he'll be leaving this state to work in azerbaijan and that is that. life is always hard bu

workers and a representative from the international monetary fund were also among the dead one bomber blew himself up at a restaurant popular with i'm going to fish holes and diplomats the interior ministry says guns killed two other gunmen who tried to storm the venue the town of us claimed responsibility for the time. it is clashed with police in these punish capital madrid houses had gathered in solidarity with dance traitors in the northern city of burgos and west bad erupted over plans to revamp its trade which locals claim is always to be limited resources solidarity riots have been reported across the country forcing the mayor of gets to the culture. and humanitarian affairs mission reports israeli acts hikes on the west bank palestinians increased zero fall for that decade thousand one hundred times on palestinians were carried out by israel in the past eighty is more bob the threats local settlers experience daily on our website. and also online and italian senior member of the international olympic committee she calls america's decision to send. openly gay athletes to the wi

private bondholders but on its debt that the owes to the european taxpayers and to the international monetary fund this is why if you're holding a government bond you're quite happy you know you will be paid therefore these bonds are rally and we have this pos the loose. normally a country which is certain to default on its debts sees its bonds rallying. right now some economists they suggest that restructuring in greece and portugal it's all but inevitable however greece has a primary surplus a budget surplus if you exclude interest costs and portugal is looking to leave the troika program next year the troika being made up of the i.m.f. the e.c.b. and the european commission now is it possible that we could get through this crisis without more debt restructuring or no. no. may call it something different i remember in two thousand and twelve greece sort of structured the hunt to be in fact the very early goal for hundreds of billions of its debts to private is did we call it the destruction will be found another acronym called the private sector involvement which is you know bit like. that votin

elsewhere the international monetary fund has raised its global growth forecast the i.m.f. raised its forecast for global growth this year as expansions in the u.s. and u.k. accelerate and urged advanced economies to maintain monetary accommodations in order to strengthen the recovery the report says the global economy will grow fruit point seven percent this year u.s. g.d.p. will expand it two point eight percent and the u.k. will increase two point four percent now while the i.m.f. raised its outlook for advanced nations they also said downside risks remain including financial market volatility in emerging markets. and finally goldman sachs has quietly been moving thousands of jobs from pricey places like new york and london to cheaper locales like salt lake city utah and apparently the cost cutting measures they're working now one former salt lake city employee recalled visits from senior executives taurine offices in salt lake there were filled with awkward. answer about the mormon religion along with an emphasis on how important the office was because of how cheap it i

i would find it extraordinary and disconcerting given that the international monetary fund was actually created in the united states largely at the joint initiative of treasury secretary white from this country and ward canes from the united kingdom, and the main mission is to work, help with and in short the best possible financial stability in the world which is clearly in the interest of all economy is, first among all the u.s. economy which is clearly the largest player, my largest shareholder and one that is a vested interest in financial stability so alive very much hope this is the imf working with all its members, essentials as far as this country is concerned, the united states of america. as i work with lots of people -- >> yes i have. what is your strategy for twisting the arms to get a different result when the u.s. works on its next budget bill? >> i have never been in the business of twisting arms which is probably the reason i will never be a very good politician. i on the other hand believe that time is on our side, and number 2, that the merits of the case to convince t

elsewhere the international monetary fund has raised its global growth forecast the i.m.f. raised its forecast for global growth this year as expansions in the u.s. and u.k. accelerate and advanced economies to maintain monetary accommodations in the. or to strengthen the recovery the report says the global economy will grow fruit point seven percent this year u.s. g.d.p. will expand it two point eight percent and the u.k. will increase two point four percent now while the i.m.f. raised its outlook for advanced nations they also said downside risks remain including financial market volatility in emerging markets. and finally goldman sachs has quietly been moving thousands of jobs from pricey places like new york and london to cheaper locales like salt lake city utah and apparently the cost cutting measures they're working now one former salt lake city employee recalled visits from senior executives touring the offices in salt lake there were filled with awkward banter about the mormon religion along with an emphasis on how important the office was because of how cheap it is

to keep the international financial system an even keel is more important than ever the international monetary fund has warned from the lessons we just took in the great depression and the global conflict that followed. membership has grown two hundred and eighty eight countries the imf is a forum for discussing policies that promote stable economic growth. it's a form of credit unions whose members contribute money you can borrow and caring. major blow for the imf help prevent craigslist and results when they occur. so when the global financial crisis began in two thousand and eight. the imf policy advice was to good use by countries to create what made the local response. the imf also provide funding and an unprecedented scale also on the head. and they've seen the torrens title the morning mike. each addition until. he's the hunting next recruitment movement that is nice. he is in charge of the section. it is not down. the money. each year through since your perception of the free standing monitoring computer counting method of milk. as a mini. was it. he was a mutual trust just two weeks ago we

the private bondholders but on its debt that owes to the european taxpayers and to the international monetary fund this is why if you're holding a government bond you're quite happy you know you will be paid therefore these bonds are riley and we have this pos the loose. anomaly a country which is certain to default on its didn't see its bonds rallying. right now some economists they suggest that restructuring in greece and portugal it's all but inevitable however greece has a primary surplus a budget surplus if you exclude interest costs and portugal is looking to leave the troika program next year the troika being made up of the i.m.f. the e.c.b. and the european commission now is it possible that we could get through this crisis without more debt restructuring or no. no. you know may call it something different but remember in two thousand and twelve greece sort of structured the hunt to be an effective a little golf one hundred billion if it's to private is did we call it the destruction will be found another acronym called the private sector involvement which is you know like. the voting for

to keep the international financial system an even keel is more important than ever the international monetary fund has warned from the lessons leaders took in the great depression and the global conflict that followed. membership has grown two hundred and eighty eight countries the imf is a forum for discussing policies that promote stable economic growth. it's a form of credit unions whose members contribute money you can borrow and daring. major blow for the imf help prevent craigslist and results when they occur. so when the global financial crisis began in two thousand and eight. the imf policy advice was to good use by countries to create ordinated global response. the imf also provide funding on a non acid and its tail also on the web and they've seen the torrens title. in a day. i'm signing of a hike in with another edition of destination busy they have refrigerators in japan. that's what they invented something called cc most people don't know about this new theory must be ncc so i had sticky rice to find out one morning when i order sushi. i'm here with brian as a sushi roll here at skipp

to keep the international financial system an even keel is more important than ever the international monetary fund has warned from the lessons leaders took in the great depression and the global conflict that followed. membership has grown two hundred and eighty eight countries the imf is a forum for discussing policies that promote stable economic growth. it's a form of credit unions whose members contribute money you can borrow and caring. major blow for the imf help prevent craigslist and results when they occur. so when the global financial crisis began in two thousand and eight. the imf policy advice was to good use by countries to create ordinated global response. the imf also provided funding and in unprecedented scale also on the web. and they've seen the torrens title. shea toowong long will we the eye the east. i did. i did. us the qld time. it is. it said

workers and a representative from the international monetary fund were also among the did one bomber blew himself up at a restaurant popular with afghan officials and diplomat interior ministry says gods were killed two other gunmen who tried to storm the venue the taliban's claimed responsibility for the attack. activists close with police in the spanish capital madrid and protesters had gathered in solidarity with demonstrators in the north and city of bell goes the unrest of the erupted over clint's revamp a street which locals claim is a waste of limited resources solidarity riots have been reported across the country forcing the mayor of that town to postpone the project. nature has a bit in another chunk of the iconic statue of christ the ready meal overlooking rio de janeiro and its ride of thumb has been chipped by a powerful lightning strike authorities are sure the damage will soon be repaired the thirty eight metre tall monument is a frequent thunderbolt target and underwent a multi-million dollar renovation in two thousand and ten. the euro zone's newest and poorest membe

one of the bright pieces of news we have had this week is that the international monetary fund has raised its forecasts for global economic growth in 2013. i had a conversation with the head of the amf, christine laguard. >> what happens when china starts slowing down? i worry that will slow the world down. >> china has grown at a very fast rate and absorbed a lot of the poverties that there was in china, which is good. it has brought up the level of, you know, the income level for the average chinese person but it is still, you know, way, way below where it hopefully will be when the middle class of changing grows to a substantial level so it will begin to grow. we don't see china growth slowing down significantly in the near future. they have a long way to go and they have a a population to lift to that middle class level that they aspire to? >> we in the united states tried to encourage people to save money while 25i789 being consumers. china has struggled to make consumers out 6 their people and some critics argue it has not moved fast enough? >> is it has begun to move. while the gro

workers under a representative of the international monetary fund were among the dead dogs killed two gunmen who tried to storm the venue. activists have clashed with police in spain's capital madrid they have gathered in solidarity with people protesting a rope halter in the country's rules which they say will displays the poor and drain public funds over there which the ranis across spain already since the suspension of the project. type protesters have located the police headquarters in bangkok just a day after a boy aged twenty eight demonstrators at least eight people have died as unrest aimed at the government to step down size began in november but the prime minister insists the only solution to the crisis will be a snap election and heavily. in india as he did the funeral of a revered spiritual leader in mumbai has killed at least eighteen people or sources said the turnout was greater than expected and admit as they failed to control the flow of moon is incidents like these are relatively common and last october when the hundred people were killed in a stampede at a hindu tem