and daniel winter and this is a business update the international monetary fund is predicting a global slowdown in growth in the next few years that's due to aging populations lackluster productivity as well as the threat coming from protectionist trade policies in the short term things look rosy the lending agency predicts a worldwide growth of nearly four percent that's this year and next and that would be the fastest pace since twenty eleven the u.s. economy will benefit from president trumps tax cuts which are likely to boost the country's economy through to twenty twenty growth is predicted to move up to almost three percent however those tax cuts combined with increased spending could be damaging in a few years' time the i.m.f. warns the eurozone is expected to benefit from continued low interest rates the i.m.f. forecasts growth of almost two and a half percent for twenty eighteen which might slow down the year after so short term predictions are good long term not so much i spoke to washington correspondent for naaman asking him why did i.m.f. is pessimistic about the future. w

good results of the by talking to loosen common cause i knew at the spring meeting of the international monetary fund in washington free trade was on the agenda as well many also using the opportunity to tell schultz that germany needs to do more to prevent another financial crisis in europe meaning spending more money on ailing countries but schultz avoided giving assurances. to live at best that we've improved the stability of the entire european banking sector over the last couple of years now things are looking a lot better but of course there's still room for improvement to weather any new financial storm is a would give up that one day it would for the vital however scholtz opposes the swift introduction of an e.u. wide bank deposit guarantee scheme after all that could cost german savers a lot of money if a foreign lender goes bankrupt. and a brief while ago i spoke to a washington correspondent costs and fun nominee outside the i.m.f. where the spring meetings and taking place and i asked him how close is to being granted that permanent tariff exemption. we're hearing it's still difficult. al

right washington correspondent coston phenomena at the international monetary fund for us thank you. the global has kept oil prices down appears to be over the conclusion of a panel made up of opec members and other oil producing countries a barrel of brant crude has recently hit a three year high of seventy four dollars the panel says an opec kinetic remained in place since january twenty seventeen has helped cut over supply all the same there have been fears that the recent buoyancy is spurring inflation and u.s. president donald trump also weighed in on twitter of course saying the cartel was keeping prices artificially high a wall street correspondent yens quarter small. investors on wall street are puzzled by the comments of u.s. president donald trump first of all opec is not the only reason why oil prices are increasing it's also global economic growth and therefore a higher demand and then if we think back about two years ago when oil prices were at around thirty dollars a barrel specially for us energy companies for fracking companies production was not profitable at all a l

mr carney is in washington for the annual meetings of the international monetary fund and the world bankeen speaking to our economics editor, kamal ahmed. a mixed economic bag. retail sales fell by the fastest rate for a year. there's brexit uncertainty, but wages are going up and unemployment is at record lows. for the governor of the bank of england it's a delicate balancing act. is it time to raise interest rates next month to cool the economy and bring down inflation, or wait and be cautious? the big picture for people watching is that yes, prepare for a few interest rate rises over the next few years and i think the one other thing we would say is that the biggest set of economic decisions over the course of the next few years are going to be taken in the brexit negotiations — whatever deal we end up with. and then we will adjust to the impact of those decisions. given that inflation has come down more rapidly than you expected, we've had very bad retail sales figures today, some people might say this isjust the time not to be raising interest rates. i think we're all aware of the s

at the international monetary fund spring meetings, imf managine director christine laguard is sounding the alarm about trade wars, massive global debt and the world economy and she quotes churchill in my interview with her to explain her position, unless she really hates trade wars and how china/u.s. trade tensions could wound our improving gdp but the u.s. has definitely done something right thanks to president trump she's straight ahead plus president trump arriving in west palm beach moments ago after spending the day in key west and got as close to the cuban border as possible on the day the island nation begins the post-castro era. special reports analyzes it all with us. we do have some stubborn clouds hanging over wall street in this final hour red on the screen dow down 124, nasdac is getting hit harder down about 63 points, but why is aluminum hitting seven year highs and oil speaking because the glut has virtually evaporated and bitcoin gets a boost from the imf chief who says protect this new currency, it's in its infancy. we're live from the nations capitol with less than a

the international monetary fund. separate but equally important nato. the world trade organization. these were really the sort of key pieces of architecture of the us led global order that we've all known throughout our lifetime. - pax americana is i think more honestly rendered as the so called liberal international order that we helped to structure. and we did it for selfish american reasons. it was the cheapest way for us to accomplish our goals. and what made it cheap? allies. - [man] a general assembly of the united nations meets at lake success for a dramatic session. - to ask the distinguished delegate of the soviet union to limit himself strictly to the point of order. - it became clear that in the face of the soviet veto that the united nations wasn't gonna be able to solve the most pressing global problems. as a result, america, we focused that institutional energy on building things like nato, like the european union, that would create stability of rule based institutionalized stability. - [narrator] the cold war rivalry with the soviet union compelled the us to promote i

helena: all right, our washington correspondent at the international monetary fund for us.hank you. the global glut that has kept while places down appears to be over. that is the conclusion of a panel made up of opec members in other oil-producing countries. a barrel of brent crude has hit a three-year high of $74. the panels is the opec-led agreement in place since january 20 17th has helped to cut oversupply. all the same, there have been fears that the recent buoyancy is spurring inflation come and u.s. president donald trump weighed in on twitter, of course, saying the cartel was keeping prices artificially high. our wall street correspondent jens korte a has more. jens: investors on wall street are puzzled by the comments of u.s. president donald trump. first of all, opec is not the only reason oil prices are increasing. it is also global economic growth, and therefore higher demand. and then if we think back about two years ago, when oil prices were around $30 a barrel, especially for u.s. energy companies, fracking companies, production was not profitable at all. a

carsten: the international monetary fund is concerned about what it calls geopolitical strains, whichld lead to trade wars, or real wars. obviously, both bad for trade and the worldwide economy. apart from that, of course, the imf also mentions a general skepticism about economic international integration worldwide, and towards new technologies. that might trigger a new wave of protectionism around the world. these kind of trade wars, of course, which are being discussed right now, particularly between the u.s. and china, another big concern. and there is also a big danger the imf warned today that politicians might waste the opportunity that the current boom presents. instead of bringing their houses in order financially, investing in technology, increasing productivity, they might just increase spending, continue spending, and that might mean when the tide turns, a downturn might accelerate much stronger than it had to be. daniel: i guess to avoid that they have to do the opposite. let's focus on where you are in the u.s. the imf resizing the mix of tax cuts and planned increase in

get the real wars as well global growth is on track for now at least the findings of the international monetary fund'sworld economic outlook the forecasts for both twenty eighteen and twenty nine thousand remain unchanged at three point nine percent that would be the fastest pace since two thousand and eleven the u.s. economy the biggest in the world is likely to benefit from president or trumps tax cuts though provided economic boost through twenty twenty growth this year of two point nine percent from two point three percent to twenty seventeen but the tax cuts they could long term now the eurozone is expected to benefit from continued low rates the i.m.f. forecasting growth of two point four percent to twenty eighteen which could slow somewhat next year well for more on this let's bring in our correspondent in washington custom phenomena who's standing by cost in the numbers solid what about the i.m.f. is it just as solid is it just as confident about growth. yes and no the short term outlook is very positive but it's the long term perspective that is causing concern for the international monetary

all right washington correspondent coston phenomena at the international monetary fund for us thank you. the global collapse that has kept oil prices down appears to be over that's the conclusion of a panel made up of opec members and other oil producing countries a barrel of brant crude has recently hit a three year high of seventy four dollars the panel says an opec led agreement in place since january twenty seventeen has helped to cut oversupply all the same they have been seen in recent buoyancy is stirring inflation and u.s. president donald trump also weighed in on twitter of course saying the cartel was keeping prices also officially high a wall street correspondent yes of course has more. investors on wall street are puzzled by the comments of u.s. president donald trump first of all opec is not the only reason why oil prices are increasing it's also global economic growth and therefore a higher demand and then if we think back about two years ago when oil prices were at around thirty dollars a barrel especially for u.s. energy companies for fracking companies production was no

the managing director of the international monetary fund christine lagarde is warning of the risk involved in any escalation of global tensions over trade guard told an audience in hong kong that tariffs raise prices and limit scheuer says and warned against protectionism in all its forms the guard also suggested the united states could offset the effects of trade deficit by cutting spending and increasing revenue and that germany could invest a portion of its huge trade surplus into infrastructure but the guards most head turning comments warn to potential collapse of the contemporary global trading system remember the nitty lateral system that transformed our world over the past generation helped reduce by half the proportion of the global population living in extreme poverty. it doesn't reduce the cost of living particularly for the poorest consumers and it just created millions of new jobs with higher wages the next meeting of the international monetary fund in the world bank is expected will be taking place in washington d.c. next week and we had our tea america will be there coverage

the international monetary fund which is holding a meeting here in washington at the end of this week has released a troublesome report which highlights the dramatic debt load of the world of one hundred sixty four trillion dollars and continually a trend that might make it more cumbersome for country countries to react to the next recession and pay off debts if face financing conditions tighten here discuss the i.m.f. report and other economic news is our friend danielle de martino both c.e.o. of money strong and the author of that up and a former advisor to the us federal reserve system danielle the world's nations have some made some great economic progress in the last couple years yet as the i.m.f. points out there may be a potential trouble on the not too distant horizon especially with regard to this global debt what do you make of the report. bear in mind that the report actually only refers to developed nations debt if you tack on emerging markets debt on top of that you get to something that's closer to two hundred forty trillion dollars so big numbers we're talking here apar

the international monetary fund's spirng meetings are being held amid a climate of rising trade tensions a warning not to get complacent, despite a healthy recovery in the global econom. —— global economy. finance ministers and central bankers are also being told that the world needs to cut debt levels. imf chief christine lagarde warned recently that rising tensions over trade mean the "system of rules and shared responsibility is now in danger of being torn apart". however, the imf is predicting global economic growth of a steady at 3.9% over the next two years. but that's only if the world can avoid a damaging trade war. consultancy oxford economics says that could knock at least half a percent off growth next year. here's the imf‘s tobias adrian. the economic recovery has remained resilient, despite market volatility. but investors and policymakers should not take too much comfort from today's relatively easy financial conditions. they should remain attuned to the risks associated with rising interest rates, elevated market volatility and an escalation of trade tensions. the road ahe

an hour let's go over to our washington correspondent for the nominees in front of the international monetary fund which will get to in a moment the spring meeting with the i.m.f. and world bank under way right now constant good to see that tell me first of all if you think europe will be spared the worst of this trade war between the u.s. and china roll over like shoulder so we're going to have to wait a little longer to find out. i think we'll have to wait. today also was a bit less optimistic than yesterday when he talked to us and says i don't know. if those tariffs will have an effect on europe if there will be an extension of the temporary extension or a permanent exemption for the europeans but the important point was that this is a european issue that europe is united on the shoals as you mentioned the chancellor will be coming to washington next week and also the french president kroll and they will all talk to president trump. among other things for schultz also it was quite important. all parties should use a mechanism to make sure that trade conflicts do not escalate and thus echoing w

the international monetary fund is predicting a global slowdown in growth in the next few years that's due to aging populations lackluster productivity and protectionist trade policies let's have a look at those projections in the short term things actually looking cried rosy yanna france a worldwide growth of nearly four percent for this year and next in the us though the economy is likely to benefit in the short term from president trump's tax cuts rose is predicted to move up to almost three percent however those tax cuts combined with increased spending could be damaging in a few years time looking at the eurozone that was expected to benefit from continued low interest rates the i.m.f. for the growth of almost to put two and a half percent for twenty eight hundred which might however slow down the year after. we've all heard of bragg's it which has become a buzzword but maybe we should get used to a new one what about shakes it because the political situation in the czech republic is tilting more and more towards an exit from the european union business owners there are increasing

saving for a rainy day at the international monetary fund.nue discussion with adam pozen of the peterson institute. and yes, we will speak with governor carney and the bank of england. from washington, please stay with us worldwide. this is bloomberg. ♪ ♪ tom: this morning, quiet markets and a quiet washington. the present appears -- president appears to have a key democratic vote for secretary of state pompeo. candidate, mayor, and u.s. attorney says mr. mueller should be "allowed to do his job." america is not saving for a rainy day. there are trillions of reasons to read cover to cover the imf's fiscal monitor. this is "bloomberg surveillance." live from washington and the meetings of international monetary fund and the world bank, francine lacqua and tom keene. you have a panel today. francine: we talk about financial inclusion. i will be speaking to clean lack laxima and auen lot of the talk will be about the relation of the u.s. and china. we talked to central bankers and finance chiefs and all they were worried about were trade wars. t

egypt's acceptance of the twelve billion dollar loan from the international monetary fund the twenty sixth and this led to the cutting of subsidies. to a subsidy there are. banks widespread contemplation that he's going to cut subsidies including natural gas and when we see a new budget. that there's no clear confirmation of that yet and see she is also frequently lent on the mega projects that egypt has been acted over the past couple of years and you capital city a second series cannot have a saying that these are going to bring prosperity to the country but that hasn't necessarily been the case just yet and there are a lot of people who are what's the whole society who say they're not seeing the benefits any of these reforms just feeling the pinch. michael some reporting off from cairo thank you thank you reports are coming in from syria that rebel fighters have agreed to leave their last stronghold in eastern or top the persian forces say they've reached a deal with the largest rebel group army of islam to pull out of their territory but some members of the group deny their surre

global finance ministers and central bankers are gathering for the spring meeting of the international monetary fund are being warned not to get complacent despite a healthy recovery in the global economy. imf chief christine lagarde says rising tensions over trade mean the "system of rules and shared responsibility is now in danger of being torn apart." the imf is predicting global economic growth of a steady at 3.9% over the next two years. but that's only if the world can avoid a damaging trade war. consultancy oxford economics says that could knock at least 0.5% off growth next year. there's also the risk investors could be caught out by rising interest rates. the economic recovery has remained resilient despite market volatility. but investors and policymakers should not take too much comfort from today's relatively easy financial conditions. they should remaina financial conditions. they should remain a attuned to the risks of rising interest rates, elevated market volatility, and an escalation of trade tensions. the road ahead may turn out to be bumpy. robert parker is a member of the investm

egypt's acceptance of a twelve billion dollars loan from the international monetary fund the m twenty six and this led to the cutting of subsidies. petrol subsidy there are. widespread contemplation that he's going to cut subsidies including natural gas when we see a new budget. but there's no clear confirmation of that yet and c.c. is also frequently lent on the mega projects that egypt has enacted over the past couple of years and new capital city a second series cannot have a saying that these are going to bring prosperity to the country but that hasn't necessarily been the case just yet and there are a lot of people who are worse the whole society who say they're not seeing the benefits any of these reforms just feeling the pinch. michael some reporting up from cairo thank you. thank you and now some surfing australian surfing great mick fanning is in fine form in this final event before retiring the thirty six year old who famously fought off a shark while competing back in two thousand and fifteen progress to the fourth round of the world surf league vent at bell's beach in aust

involvement with the world bank and the international monetary fund. with the world bank, imf meeting coming up within a matter of two weeks, is his position going to affect u.s. support for either institution? >> i don't have any policy changes on that front at this time. and don't expect any on that front. >> reporter: yesterday president trump said something very interesting about syria. he said because of the power of the united states and because of the power of our country, we're able to stop it. now, with bringing in ambassador john bolton as well, which is sort of a signal of a more hawkish stance potentially, i want to know if the president has changed his calculus on syria and on whether or not he wants to pull out those troops very soon as he previously said. >> i addressed the troops yesterday. i don't have anything new on that front in terms of things that the president may or may not do, we're not going to broadcast. i don't have any announcements on that front. fred. >> reporter: thanks, sarah. this week senator mcconnell said we're taki

the international monetary fund and world bank are in washington, dc for their annual spring meeting— china britain is hanging over the gathering, officials are warning governors to avoid harming trade and investments, which have been key drivers of the global economic recovery so drivers of the global economic recovery so far. the imf chief, christine lagarde, said escalating trade tensions could reverberate through the local economy, undermining confidence and taking off investment. she urged both sides to resolve their disputes through dialogue. because the world is so interconnected, the supply chains are involving so many different countries, regional, intraregional, into regionals, that it could affect the global economy —— interregional. it is better to cha—cha than to war war. that is the thing at the moment. looming global debt is on the agenda. there is the hangover from the financial crisis, a drop in commodity prices, and increased spending. this is what it looks in china where the public debt stands at about 51% of gdp. united states is twice that at 108%. japan, it has

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we've got christine lagarde, the international monetary fund managing director, she absolutely hatesctionism, she thinks it's terrible for the global economy. we'll push her on that and much more during her spring meetings tomorrow. we'll be there to pick her brain not only on trade but monetary policy, global economy, and guess what? she's waving the bitcoin flag. she likes cryptocurrency, thinks there's a future for it. >>> and then treasury secretary steven mnuchin, my one-on-one with him about sanctions on north korea that seem to be forcing kim jong-un to the table. but also the controversy about what happened to those new russian sanctions that were promised monday? nikki haley says she wasn't confused when she said they were coming out on monday. well, we're going to get through all of that with steven mnuchin as well as china and the bans on intellectual property. we're live from d.c. tomorrow 3:00 p.m. eastern. you've got to join me. i'll be mad if you don't. into retirement... and a little nervous. but not so much about what market volatility may do to their retirement savi

when the international monetary fund is concerned about what it calls geopolitical strains which could lead to trade wars or real was obviously both bad for trade and the worldwide economy apart from that of course. the i.m.f. also mentions a general skepticism about economic international into gratian worldwide and towards new technologies that might trigger and you wave of protectionism around the world these kind of trade wars of course which are being discussed right now particularly between the us and china another big concern and there's also a big danger of the i.m.f. want today that politicians might waste the opportunity that the current boom presents and a set of bringing their houses and all the financially investing in new technologies increasing productivity they might in fact just increase spending continue spending and that could mean that when the tide turns a downturn might accelerate and might be much stronger than it had to be so i guess to avoid that they have to do the opposite but let's focus in on where you are there in the u.s. the i.m.f. criticising that mix of

. >> despite rise i trade tensions, international monetary fund says the global economy ist on tra grow nearly 4% this year. that would be the fastest pace since 2011. upswing is supported by an increase in investment spending, and acceleration in trade across the globe. but the imf also warned that increase in tariffs cou reduce dploe ball investment and ultimately hurt that growth. >> here in the u.s., the closely watched housing market got some good news and some not so good news today. housing starts did edge higher last month thanks to increase im apt construction. but construction of single-family homes was not aro . and the housing industry definitely wants to see more building in thatrea t alleviate the lack of supply which is driving up prices for buyers. two popular exchange funds those did both rise on that reported to. >> well, it's time to take a look at some of today's unrades and d grades. disney rating was raised to to hold. and pivotal research best positioned. the firm does however see weak fundamentalle over all for the enti industry. price is $93. shares were down ne

now the prospect of a global trade war has the international monetary fund concerned it around the world bank are meeting in washington as the u.s. and china impose a growing list of tariffs against each other she have returned see reports bankers and finance ministers from the i.m.f. one hundred eighty nine member countries are meeting in washington on the tenth anniversary of the global financial crisis the firm's world economic outlook is optimistic about growth over the next couple of years there warns that aging populations lackluster productivity and the possibility of a global trade war will lead to a downturn so countries in our view should work together to resolve disagreements without using exceptional measures the i.m.f. chief economist named the impulse for protectionism on the inequality that's been an integra feature of globalization however he insists the trading system is not to blame public optimism about the benefits of economic integration has been eroded over time by longstanding trends of job and wage polarization coupled with persistent subpar growth in median wages

the international monetary fund to the world bank are having their regular spring meeting in washington both organizations are predicting strong growth for the global economy this year and i've had christine lagarde predict its growth of three point nine percent that's the fastest rate in eighty eight years so the outlook is quite upbeat at least in the short term reason it was a case of good cop bad cop i.m.f. chief christine legarde focusing on crumbling business confidence and gloomy projections while world bank president jim yong kim saw the current climate as an opportunity to spread the money around the challenge now is to ensure that strong growth will translate into inclusive growth so that the benefits of global economic integration are enjoyed by all members of society but the ongoing china u.s. trade and lackluster productivity could ruin the upswing by as soon as twenty twenty lagarde warned earlier and then there's this. global that is at an all time high it stand it stands at two hundred and sixty four trillion dollars which is two hundred twenty five percent of g.d.p. off

it means that meeting of the international monetary fund and the world bank.hey had been holding their spring meeting in do you see, and both organizations are predicting strong growth for a global economy this year. christine lagarde predicted growth of 3.9%, the fastest rate in three years while the short-term outlook is out beat. -- is upbeat, there are dangers on the horizon. reporter: the imf chief focusing on crumbling business confidence and gloomy projections while world bank president jim yong kim saw the climate as an opportunity to spread the money around. >> the challenge is to ensure strong growth will translate into inclusive growth so the benefits of global economic integration part enjoyed by all members of society. reporter: but the ongoing trade spat an lackluster productivity could ruin the upswing by as soon as 2020 christine lagarde warned. then there is this. >> debt is at an all-time high. his stands at $164 trillion, which is 225% of gdp of which the private sector accounts for two thirds. public debt in advanced economies is at levels

or i washington correspondent coston phenomena at the international monetary fund for us thank you. here in germany police are reported to be holding porsches head of power train development on or amman that is according to sources speaking to the reuters news agency they say that you can as arrest is related to inquiries into admissions manipulation and that he's considered a flight risk well can i was the man in charge of pushes engine division when the diesel gate scandal broke in twenty fifty the rest follow thursday's raid of several properties linked to three executives at the first falcon subsidiary of financial correspondent daniel cool is tracking the story. we're hearing that the man a child was on the way to work when he received a call from a family member that his home was being raided by police authorities apparently then cannot turned around race told but his sudden change in destination made investigators think that he was attempting to flee thereby prompting them to take him into custody but he's not the only one in the focus off prosecutors at the moment also it se

globalfinance ministers and central bankers are gathering washington for the spring meeting of the international monetary fundy recovery in the global economy. a possible trade war is one worry — another is the impact of rising interest rates amid high levels of debt around the world. iain anderson is founder of the international communications agency, cicero group. always lovely to see you. nice to have you here on the briefing. what you make what the imf is saying this time around? it is a changing times. no doubt about that from what they we re no doubt about that from what they were saying at the start of the year. so they are pointing to debt levels getting beyond where we were before the financial crisis at the end of the last decade. $165 trillion worth of debt. donald trump will be responsible for most of that increase in debt. there is a sense that the imf wants finance ministers to ta ke that the imf wants finance ministers to take more charge and control if you like of reducing those debt levels. so it is a little bit of a warning, a shot across the bow is, if you like. if you think about their aud

the dignitaries included the head of the international monetary fund and the former us secretary of statenger. in their remarks, the two leaders lavished praise on each other‘s country is. translation: on both sides of the ocean, some two yea rs both sides of the ocean, some two years ago very few would have bet on us years ago very few would have bet on us being here together today. but as a matter of fact, we share the same determination and the willingness to serve both our countries. your country, my country, and the rest of the world. to the french delegation into every proud citizen of brand, it may friendship grow even deeper, mayor kinship grow even stronger, and mayor sacred liberty never die. god bless you, god bless france. —— may our. the day ended a day of mutual backslapping. day of bromance between trump and mr macron. they hugged, they kissed, and there was even this bizarre moment. we had to make imperfect, he is perfect. aside from grooming, the two men may be the best of powers but they have differences on policy. nuclear deal, mrtrump differences on policy. nuclear dea

are threatening to rip apart the global economy that's the springtime message from the international monetary fund and the world bank soaring it debts is also threatening to spoil the party the i.m.f. saying it came in at one hundred sixty four trillion dollars in two thousand and sixteen that's a historic peak the i.m.f. bails out failing economies and tries to create financial stability a war bank lends to poor and middle income countries together these two united nations institutions aim to raise global living standards but there's danger ahead even if the world economy is projected to grow by three point six percent in twenty eighteen while the sun is shining not today in washington but usually when the sun is shining we are seeing more clouds accumulating on the arisan than we did back in october global debt is at an all time high. we're joining us now from london is greg in chief economist at the global council base very much for being with us so what do you make then of the i.m.f. assessment of the global economy and where it's going in twenty eighteen prospects are good wanted to clouds on

in frankfurt thank you and the same in the international monetary fund is predicting a global slowdown in growth in the next few years that's due to aging populations lackluster productivity and protectionists trade policies let's have a look at those projections in the short term things are actually looking pretty rosy the lending agency predicts a worldwide growth of nearly four percent for this year and next that be the fastest pace since twenty eleven the u.s. economy is likely to benefit from president trumps tax cuts which likely to boost the country's economy through to twenty twenty growth is predicted to move up almost three percent however those tax cuts combined with increased spending could be damaging in a few years' time the eurozone meanwhile that's expected to benefit from continued low interest rates the i.m.f. for costs a gross of almost almost two percent for this year which might however slow down in the year after. now we've all heard of briggs's it has become. in the recent years but maybe we should get used to a new one what about checks it because the political

the international monetary fund is predicting a global slowdown in growth in the next few years that's due to aging populations lackluster productivities and protectionist trade policies let's have a look at those projections in the short term things actually look pretty rosy the lending agency predicts a worldwide growth of nearly four percent for this year and next be the fastest pace since twenty eleven look at the us a common economy that is likely to benefit from president trumps tax cuts which are likely to boost the country's economy through twenty twenty growth is predicted to move up to almost three percent those tax cuts combined with increased spending could be damaging in a few years time euro zone is expected to benefit from continued low interest rates the i.m.f. or consequence of almost two and a half percent for twenty eighteen which might however so down here after. coffee chain starbucks is closing down eight thousand stores in the united states for an afternoon on the end of may so its employees can attend training to prevent racial discrimination the company which o

and that's the biggest dollar bond for an emerging market nations so far this year the international monetary fund said last month that the financial impact of the blockade is now fading and finally opium poppy cultivation in afghanistan surge sixty three percent last year according to the brookings institute battling the opium trade is a huge task but one young afghan student is trying just that through honey business rob matheson explains. the business of bees is humming for a nineteen year old student frozen. in a northern afghan village where few women work frozen as bees gather nectar from the flowers near her home frozen collects their honey and sells it making her a rare local female entrepreneur a lot easier to endanger at first there were lots of issues because the village i live in is traditional and women are not allowed to work outside the one i started beekeeping i realize it's easy when i told the people about beekeeping and they accepted it and allowed me to do the job. three years ago frozen got a loan and bought two beehives in her first season she sold enough money to pay back ho

welcome back international monetary fund managing director christine lagarde told the i.m.f. and world bank spring meeting here in washington we've been covering what guard all week says she's concerned about concentration of ownership within the tech sector while dismissing the idea of breaking up the tech giants like guard told an audience at the meetings opening event that quote too much concentration and too much market power in the hands of a few is not helpful to the economy or to the wellbeing of individuals. guard also cautioned her audience to view this concentration of wealth in light of past historic examples a number of internet giants control much of the global movement of data and information and the founders of these companies count amongst the richest persons in the world so. does history repeat itself. and speaking of the i.m.f. their analyst reported this week that spain's per capita gross domestic product is now greater than that of rival italy the i.m.f. also projects that within five years spain will be seven percent wealthier than italy essentially rever

the managing director of the international monetary fund christine lagarde is warning of the risk involved in any escalation of global tensions over trade guard told an audience in a hong kong that tariffs raise prices and limit scheuer says and warned against protectionism in all its forms the guard also suggested the united states could offset the effects of trade deficits by cutting spending and increasing.