are the clouds of economic crisis finally beginning to clear the international monetary fund praises a to outlook for a global growth of 4 this year but it's a lopsided picture. also on the show calls for a minimum global corporate tax rate are getting louder starting with the u.s. treasury secretary janet yellen someone europe say they're all for it. and contact lens shopping in moscow and why data activists are steering clear of it. this is c.w. business i'm joined now by law on how you can join us. here's the good news the global economy is expected to grow by 6 percent this year the bad news the rebound will be far from even that's the message from a report by the international monetary fund out today while spending programs and vaccine rollouts are guiding richer nations towards recovery for countries especially those that rely on tourism are falling even further behind as a result last year the economic crisis pushed an additional $95000000.00 people into extreme poverty defined as living on less than one u.s. dollar and 90 cents a day vaccine inequality and lack of polish supp

from the international monetary fund a stark warning the covert 19 pandemic has pushed international debt to alarming levels several countries are in danger of defaulting. and a plan to rebuild the port of beirut faces many hurdles we speak to one german company involved in the project. this is the w. business i'm joined now on in berlin happy you can join us the international monetary fund has warned that the covert 19 pandemic has pushed international debt to levels that could trigger a major crisis especially low income countries are at risk of default due to lower fiscal revenues and much higher health care. air and social expenses last year alone 6 countries default it most of them were in latin america and included argentina billie's ecuador and surinam in the middle east lebanon on and in africa zomby off. the i.m.f. fears this year could see even more countries on able to repay their creditors some of the most precarious sovereign debt is from african nations angola the republic of congo ethiopia the the gambia beak. maldives and turkmenistan also have a high probability of d

a silver lining on the horizon for the global economy the international monetary fund has raised its outlook for global growth for this year but it's a lot sided picture. of something else the i.m.f. has said it's in favor of a global minimum paul let's talk straight ask proposed by you is treasury secretary janet yellen to prevent corporate tax avoidance idea is also finding supporters here enjoyed that. german machinery manufacturers are world class now their expertise is needed to speed up the feeling of stare out called 900 x. one bios. clock up to do business i want to jones and berlin good to have you with us. oil prices edged high on wednesday on the prospect of stronger global economic growth after the international monetary fund said in its latest words economic outlook reports that unprecedented public spending to fight code 19 would push global growth to 6 percent this year a rate not seen since well the $970.00 s. but the rebound will be far from even and for some there might be permanent scarring take a look. if all goes according to plan it would be the fastest expansio

katty: you are the head of the international monetary fund.ginning of this pandemic there was quite a lot of speculation that the emergence of the coronavirus could lead to, if not the endf globalization, to globalization being out of fashion. have you seen that happen? >> it is exactly the opposite. the pandemic made us all aware of how interdependent we are. and it brought a soberness at the individualevel, at the country level, and internationally, about the importance of working together. what is pulling us out of the pandemic? it is the coordinated action to support the economies. and on that basis, protect us against the catastrophe. it would have been three times worse if we did not work together. and also, the fact that only scientists working together, only supply lines working to assemble this vaccine that gets into our arms, only that is what brought us to a point that we can enjoy some sunshine in our global forecast. katty: the global problem that needs a global response. managing director of the international monetary fund speaki

the world's major economies are agreed to increase the international monetary fund's resources as the gap between rich and poor nations gets wider. also on the show the rise of pandemic chic sweatpants are all the rage of these days but what has that done to the rest of the fashion industry. and how to travel safely between countries during the pandemic a group of kenyan engineers has one answer. this is d.w. business i'm just on in berlin happy you can join us. the international monetary fund is proposing a $650000000000.00 boost to help the world's poorest countries deal with the fallout from the coronavirus pandemic it also plans a 6 month long debt reprieve for $73.00 nations the i.m.f. says it is concerned about poor tourism dependent nations and middle income countries that had high debt levels even before the pandemic in sub-saharan africa interest payments eat up nearly 50 percent of government revenues and in ghana and 30 percent in both nigeria and angola. here's i.m.f. chief crystal lina gave the. book this create crisis has shown just how this capable. mo we must build on

as subsaharan africa as economic growth lags behind the rest of the world the international monetary fund is calling on wealthy nations to help speak to our correspondent in nairobi. turmoil at the top of turkey central bank has done nothing to help the country's economic woes as it makes its latest interest rates decision we'll look at the problems facing turks. also take a look at the new hope for german businesses desperate to escape coronavirus restrictions and encrypted tracking in tracing smartphone. business in berlin welcome to the program. so far in africa is set to record the slowest economic growth of any global region this year as it struggles to bounce back from a pandemic triggered downturn the international monetary fund says the region's economic region's economy is on track to expand by 3.4 percent in 2021 that's well below the global forecast of 5 and a half percent the i.m.f. is urging wealthy countries to do more to help african nations access vaccines and financing the global health crisis and its economic fallout is thought to have plunged 32000000 people on the cont

as sub-saharan africa's economic growth lags behind the rest of the world the international monetary fund is calling on wealthy nations to help speak to our correspondent in nairobi. turmoil at the top of turkey central bank has done nothing to help the country's economic woes as it makes its latest interest rates decision well look at the problems facing tax. i would also take a look at the new hope for german businesses desperate to escape the coronavirus restrictions and encrypted trucking tracing small. this is doing business on robots in berlin welcome to the program. sub-saharan africa is set to record the slowest economic growth of any global region this year as it struggles to bounce back from a pandemic triggered downturn the international monetary fund says the region's economic region's economy is on track to expand by 3.4 percent and 2021 that's well below the global forecast of 5 and a half percent the i.m.f. is edging wealthy countries to do more to help african nations access vaccines and financing global health crisis and its economic fallout is thought to have plunged 320

be permanent scarring that's the message from the world economic outlook a report by the international monetary fund that has just been released take a look if all goes according to plan it would be the fastest expansion of the global economy since the i.m.f. started tracking growth in 1988 the fund says such an optimistic forecast is only possible thanks to a repetition cool response to the pandemic but there's no doubt some sectors have suffered irreparable damage now because the crisis has exhilarated the transfer made of forces of digitalisation and automation many of the jobs lost are unlikely to return requiring work or reallocation across sectors which unfortunately often comes with sylvia owning penalties. swift policy action worldwide including 16 trillion dollars in fiscal support prevented far worse outcomes the i.m.f. predicts the rollout of covered 19 vaccinations and huge sums of government guide will trigger a powerful rebound from the pandemic recession. but the funds chief economist warned the recovery would be unequal with the already poor countries falling further behind on divers

the international monetary fund's managing director chris. is concerned about poor tourism dependent nations and middle income economies that had weaker fundamentals and high debt levels even before the pandemic the i.m.f. expected to finish work on a formal proposal to expand emergency reserves or special drawing rights to support member countries official reserves the fund also plans to come up with ways for its members to lend their reserves to help poorer nations. we will propose a new location of $650000000000.00. this will help address the long term global need for reserve facit and provide substantially quiddity boost to all our members especially the most vulnerable. adoption of a broader definition of what makes a country vulnerable she wants to discuss a proposal to offer low and interest free financing to middle income economies hit hard by the pandemic the i.m.f. property reduction and call trust can currently only lend to the poorest countries . but this create crises has shown just how and this capable our shared history. now we

the world's major economies agreed to increase the international monetary fund's resources as the gap between rich and poor nations gets wider. also on the show the rise of pandemic chic sweatpants are all the rage of these days but what has that done to the rest of the fashion industry. and how to travel safely between countries during the pandemic a group of kenyan engineers has one answer. this is the w. business i'm just on in berlin have you can join us. the international monetary fund is proposing a $650000000000.00 boost to help the world's poorest countries deal with the fallout from the coronavirus pandemic it also plans a 6 month long reprieve for $73.00 nations the i.m.f. says it is concerned about poor tourism dependent nations and middle income countries that had high debt levels even before the pandemic in sub-saharan africa interest payments eat up nearly 50 percent of government revenues and in ghana and 30 percent in both nigeria and angola. here's i.m.f. chief crystal lina gave. what this create crisis has shown just how this capable. mo we must build on this brother

. >> international monetary fund. international. monetary fund. >> there's now estimating our economy will grow at a rate of more than 6% this year. we the fastest pace of economic growth in this country in nearly 4 decades. america's movie. moving forward. but we can't stop now. we're in competition with china and other countries. to win in the 21st century. we're great inflection point history. we have to do more than just build back better. the bill back up to build back better. we have to compete. we're strenuously that we have. throughout our history. think about it. public investment in infrastructure. has literally transform america. our attitudes as well as opportunities. the transcontinental railroad. interstate highways united 2 oceans and brought a totally new age of progress. united states of america. universal public schools and open wide. the doors of opportunity scientific breakthroughs took us to the moon now around mars discovery vaccines gave us the internet and so much more. these are investments we made together a

the executive branch and greater accountability regarding special drawing rights and the international monetary fund." explain what you are trying to get accomplished here. guest: in the name of the global pandemic, covid 19 pandemic, the biden administration once the international monetary fund, the imf, created after world war ii, to issue hard currency reserves to all 100 90 members instead of targeting that relief to the poorest countries in the world, the poorest country suffering from the pandemic. i think that is a bad policy. my colleagues and i have introduced a bill to put a check on how the administration and imf that without the oversight of congress. when you do it in the way the biden administration proposes, you are giving direct money to the regimes that we have trouble with, venezuela, cuba, syria, russia, china. billions of imf reserves in hard dollars, euros, yen to those countries. i think it is a bad idea, bad economic policy, and it is not targeted to the pandemic. host: where to those imf reserves come from? where does the money come from? guest: the imf issues the special dra

international monetary fund. thank you international. monetary fund is now estimating our economy will grow to a rate of more than 6 percent this year. that we the fastest pace of economic growth in this country in nearly 4 decades. america's movie. moving forward but we can't stop now. we're in competition with china and other countries to win the 21st century were the great inflection point in history. we have to do more than just build back better but go back and to build back better we have to compete more strenuously than we have. throughout our history i think about it. public investment in infrastructure has literally transformed america our attitudes as well as our opportunities to transcontinental railroad. interstate highways united 2 oceans and brought a totally new age of progress to united states of america. universal public schools and college a opened wide the doors of opportunity scientific breakthroughs took us to the moon now rob mars discovering vaccines gave us the internet and so much more. these are investments we ma

are the clouds of economic crisis finally beginning to clear the international monetary fund raisers atol the 1st global growth of 4 this year but it's a lopsided picture. also on the show calls for a minimum global corporate tax rate are getting louder starting with the u.s. treasury secretary janet yellen some in europe say they're all for it. time contactless shopping in moscow and why data activists are steering clear of it. this is your business i'm joined now by law on how you can join us sir. here's the good news the global economy is expected to grow by 6 percent this year the bad news the rebound will be far from even that's the message from a report by the international monetary fund out today while spending programs and vaccine rollouts are guiding richer nations towards recovery poor countries especially those that rely on tourism are falling even further behind as a result last year the economic crisis pushed an additional $95000000.00 people into extreme poverty defined as living on less than one u.s. dollar and 90 cents a day facts seem inequality and lack of polish su

announcer: coming live thursday, the international monetary fund hosts a debate on the global economy with federal reserve chair jerome powell and imf managing director. that is live at noon eastern on c-span. at 2:00 p.m., nancy pelosi speaks to reporters about the legislative agenda when congress returns next week. at 4:00 p.m., a discussion on potential changes to the federal court system from the american constitution society for law and policy. and on c-span 2 at 10:00 a.m. eastern, day nine of the trial of former minneapolis police officer derek chauvin, who is charged in the death of george floyd. announcer: wednesday, president biden spoke about his infrastructure and jobs plan, and the proposal for a global minimum tax rate. this runs 25 minutes. pres. biden: good afternoon, everyone. last week in pittsburgh, pennsylvania, i announced my plan to rebuild what i referred to as the back bone of america through the american jobs plan. it is not a plan that tinkers around the edges, it is a once in a generation investment in america. unlike any we have done since we built the inte

a silver lining hall on the horizon for the global economy the international monetary fund has raised its outlook for global growth of this year but it's a lot beside it take. also coming up with german machinery manufacturers are world class now their expertise is needed to speed up the filling of the steroid coated 19 vaccine vials. business i want to get johnson bell and good to have you with us so all prices edge higher today on the prospects for stronger global economic grows the international monetary fund said in its latest world economic outlook reports that unprecedented public spending to fight covert 19 would push global growth to 6 percent this year a rate not seen since the 1970 s. but the rebound will be far from even and for some there might be permanent scarring let's take a look. if all goes according to plan it would be the fastest expansion of the global economy since the i.m.f. started tracking growth in 1988 the fund says such an optimistic forecast is only possible thanks to a rep and fiscal response to the pandemic but there's no doubt some sectors have suffered

the world's major economies have agreed to boost the resources of the international monetary fund by $650000000000.00 that's in a bid to support to increase support to vulnerable countries battling the effects of the pandemic i.m.f. managing director crystal gave us said that the covert 1000 crisis showed the profound need for international solidarity to stop poor nations from falling dangerously behind joining us today the international monetary fund managing director chris farley my go to give a situ was concerned about poor tourism dependent nations and middle income countries that had weaker fundamentals and high debt levels even before the pandemic she said the i.m.f. expected to finish work on a formal proposal to expand the emergency reserves allocation to supplement member countries official reserves the fund is also working on ways for i.m.f. members to lend their reserves to help poor countries as he be katie by the g. 20 today we will propose a new as the are a location of $650000000000.00. this will help address the long term global need for reserve facit and provide subs

the world's major economies have agreed to boost the resources of the international monetary fund by $650000000000.00 that's in a bid to support to increase support to vulnerable countries battling the effects of the pandemic i am asked managing director crystal gave us about the covert 1000 crisis showed the profound need for international solidarity to stop poor nations from falling dangerously behind joining us today the international monetary fund managing director christopher lee my go to give a situ was concerned about poor tourism dependent nations and middle income countries that had weaker fundamentals and high debt levels even before the pandemic she said the i.m.f. expected to finish work on a formal proposal to expand the emergency reserves allocation to supplement member countries official reserves the fund is also working on ways for i.m.f. members to lend their reserves to help poor countries as he be katie by the g. 20 today we will propose a new as the our nation of $650000000000.00. this will help address the long term global need for reserve facit and provide subst

the international monetary fund is proposing a $650000000000.00 boost to help the world's poorest countries deal with the economic fallout from the coronavirus pandemic and also plans in 6 months long death reprieve for 73 nations calling for its poverty reduction and growth trusts to be expanded to include the middle income economies the organization says it is concerned about for tourism dependent nations and middle income countries that had high debt levels even before the pandemic started. plans now needs approval from its board critics say the i.m.f. 6 month break on debt repayments does not go far enough. here's more on what the i.m.f. chief crystal had to say what this create crisis has shown just how and this capable our shared destiny is now we must build on this brother says of common responsibility to foster a fair recovery and the resilient pulse they make the world. the i.m.s. crystal give a speech there now the aviation industry has taken a spectacular hit from the pandemic as lock downs and border closures make travel and tourism difficult around the world and the 1st remarks

later, the international monetary fund. stay with us, this is bloomberg. ♪ >> president joe biden is ramping up pressure on republicans to support his 2.2 trillion dollar infrastructure plan. he is appealing directly to gop voters while lawmakers are in their home districts. at the white house the president will make his second major sales pitch for the plan in a week. he is facing opposition from conservatives and business groups who are against proposed tax hikes. talks in vienna on returning a deal where constructive and diplomats will meet friday. the islamic republic demands the u.s. lifts sanctions for real progress to be possible. an iranian ship was hit by mines in the red sea according to the new york times. israel says it was responsible. the stage is set for what could be the largest private equity-lead acquisition in years. it has received an additional offer from cvc capital partners. the buyout could be worth $20 billion. the maximum 18% daily limit in tokyo. the market is thinking about more than $2 billion i

still ahead on al-jazeera predicting the post pandemic recovery the international monetary fund its growthforecast for the developing world remains vulnerable. it's time for the perfect jenny the weather sponsored point qatar airways where all the action for the development spring rains is going back to china now we've got a finger that's doing this with a nice was becoming rather more active and then heading south towards whole call most of northern china the korean peninsula most of pam's looking find relatively warm is quite still the creeping areas a cloud heading towards beijing where the air is quite still increasingly not very good quality still so winter right just north of sapporo and it may well come south not convinced i'm just intrigued by it further south where we've had the damaging amount of rain in the eastern side into these you see the forecast still develops in timor in east timor in fact this general area east indonesia showers by day but they are not major the just maybe in the wrong place the worst of it's gone south it was a tropical site are developing we can say go

the executive branch and greater accountability regarding special drawing rights and the international monetary fundplain what you are trying to get accomplished here. >> you bet. in the name of the global pandemic, the covid-19 pandemic, the biden administration wants the international monetary fund, the imf, created after world war ii, to issue hard currency reserves to all 190 members instead of targeting that relief to the poorest countries in the world, the poorest countries that are suffering from the pandemic. i think that is a bad policy. my colleagues and i have introduced a bill to put a check on how the administration and imf do that without the oversight of congress. because when you do it in the way the biden administration proposes, you are giving direct money to the regimes that we have trouble with, venezuela, cuba, syria, russia, china. billions of imf reserves in hard currency, in dollars, euros, yen to those countries. i think it is a bad idea, bad economic policy, and it is not targeted to the pandemic. >> where to those imf reserves come from? where does the money come from? >>

calls for a global minimum corporate tax rate was she said she had been discussing with the international monetary fund. this is about 45 minutes. >> good morning. president of the chicago council on global affairs. thank you all the specially for a members for joining us this live program today. just as a reminder, the chicago global affairs is nonprofit and nonpartisan independent organization and therefore the views expressed by the individuals we use our platforms are there on it and they do not represent the institutions positions or views of the council. and out main program a party covid-19 negative effects from the global economy has exasperated the existing inequalities and highlighted the importance of writing solutions through international cooperation. today, your secretary treasury janet yellen joins us here the chicago council global affairs to discuss the u.s. roll in providing inclusive and sustainable global economic recovery ahead of this week's international monetary fund annual spring meeting. after the secretary's remarks all introduce a number of our councilmembers to the question

predicting the priest pandemic recovery the international monetary fund boosts its growth forecast but the developing world remains vulnerable. hello eastern indonesia is not exactly free of showers now but the troublesome center which is the formation of the cause that massive amounts of rain and landslides has gone away so it's just daily showers now and the heaviest of those are just the north just to the east west poppier for example there are very few shows over the philippines some of a born year and you see daily ones up through sumatra and java and this is the good scattering in southern thailand and parts of cambodia or maybe laos most likely cambodia significant rain australia remains in the same place it's just off the coast and throwing showers into the coast of both southern queensland and northern new south wales not particularly heavy showers thankfully and the circulation is clearly offshore that is generating big waves big swell if you like for which there have been warnings now here is the cycle that started off in the eastern philippines it'll take a day or 2 he was

roll in providing inclusive and sustainable global economic recovery ahead of this week's international monetary fund annual spring meeting. after the secretary's remarks all introduce a number of our councilmembers to the questions and to the secretary yellen but by now it is my honor and privilege to introduce today's speaker. janet yellen is the 78th secretary of secretary to the economist by training and to accomplish after almost 50 years in the academy of public service. she is the first and only person to have served at both is ahead in the council of economic advisories and ahead of the federal reserve and now secretary of the treasury. thank you so much for joining us and we look forward to hearing your remarks. >> thank you. thank you to the council. america is strong with the world pretty when i was born, they were still recovering from the great depression and world war ii. these tragedies because countless lives, too any families lost everything. and from the devastations, we learned an invaluable lesson, the united states is not going it alone. the aftermath of destruction of the united

world of governments weaponize ing in our view covered 19 to repress and to silence the international monetary fund is predicting a stronger than expected global recovery this year as over 9000 banks in rollouts gather pace but economists a warning of tougher times ahead for the developing world shabba tansey has more from washington. the i.m.f. increased its projection for world economic growth in 2021 from 5.5 percent to 6 percent as a result it says of trillions of dollars of pandemic stimulus and the international rollout of kerrville vaccines global g.d.p. had contracted 3.3 percent in 2020 over the past year the i.m.f. chief economist is warning that almost 95000000 people for food bellew the threshold of extreme poverty around the world due to the pandemic including within industrialized nations and developing countries remain vulnerable a similarly ambitious effort is now needed at the multilateral level to secure the recovery and build forward better without additional effort to give all people a fair shot cross-country gaps in living standards could widen significantly and decade's long p

s role in promoting an inclusive recovery ahead of this week's international monetary fund spring meeting. after the secretary's remarks i will introduce council members to pose questions to secretary yellen. right now it is my honor and privilege to introduce today's speaker. janet yellen is the 78th state of the secretary. she took office after almost 50 years in the academy of public service. she is the first and only person to have served both as the head of the council on economic advisors, head of federal reserve, and a secretary of the treasury. secretary yellen, thank you for joining us. we look forward to hearing your remarks. >> thank you so much and thank you to the council for the invitation. america is strongest when we engage with the world. when i was born the united states was still recovering from the great depression and world war ii. these tragedies cost countless lives. too many families lost more than everybody but we learned an invaluable lesson. the united states would not go it alone. in the aftermath of the destruction the united states sent strong security allian

from the international monetary fund a stark warning the covert 19 pandemic has pushed international debt to alarming levels several countries are in danger of defaulting. the plan to rebuild the port of beirut faces many hurdles from speak to one german company involved in the project. this is the w. business i'm joined now the milan in berlin happy you can join us the international monetary fund has warned that the covert 19 pandemic has pushed international debt to levels that could trigger a major crisis especially low income countries are at risk of default due to lower fiscal revenues and much higher health care and social expenses last year alone 6 countries default it most of them were in latin america and included argentina billie's ecuador and surinam in the middle east lebanon on and in africa zambia the i.m.f. fears this year could see even more countries and able to repay their creditors some of the most precarious sovereign debt is from african nations and goal of the republic of congo if you go beyond the the gambia and moves on beak laos rely on commodities and turkme

you are the head of i the international monetary fund. at the international monetary fund.he opposite. the pandemic made us _ happen? it is exactly the opposite. the pandemic made us all- happen? it is exactly the opposite. the pandemic made us all aware i happen? it is exactly the opposite. | the pandemic made us all aware of how interdependent we are, and it brought— how interdependent we are, and it brought a — how interdependent we are, and it brought a soberness, at an individual level come at a country level— individual level come at a country level and — individual level come at a country level and internationally, about the importance of working together. what is pulling _ importance of working together. what is pulling us out of the pandemic? it is is pulling us out of the pandemic? it is the _ is pulling us out of the pandemic? it is the court needed action to support— it is the court needed action to support the economies —— coordinated action _ support the economies —— coordinated action and _ support the economies —— coordinated action. and on that basis, prote

when the international monetary fund issued its global growth outlook earlier this week it warned that the recovery from the would be far from even with poor nations suffering disproportionately one country where this is already painfully apparent is brazil after a year of lax restrictions and mass job losses for the 1st time in nearly 2 decades over half of the population does not have enough to. this is what life's become for millions of brazilians who no longer have enough to use the virus has led to mass job losses especially in the informal sector which employs 40 percent of the workforce. sandra prieto lives in after that left today she's got a much needed food donation. when i wake with nothing to ease i kneeled down and prayed for help. the backdrop to the economic crisis a health system that's on the brink of collapse on one day alone this week brazil recorded more than 4000 deaths from cold that 19. the country is now considered to be the epicenter of the pandemic medical staff are barely able to cope. after year it's difficult it's very difficult there's no it seems that it

be permanent scarring that's the message from the world economic outlook a report by the international monetary fund that has just been released take a look. if all goes according to plan it would be the fastest expansion of the global economy since the i.m.f. started tracking growth in 1988 the fund says such an optimistic forecast is only possible thanks to a repetition cool response to the pandemic but there's no doubt some sectors have suffered irreparable damage now because the crisis has exhilarated the transfer made of forces of digitalisation and automation many of the jobs lost are unlikely to return requiring work or reallocation across sectors which unfortunately often comes with sylvia earning penalties. swift policy action worldwide including 16 trillion dollars in fiscal support prevented far worse outcomes the i.m.f. predicts the rollout of covered 19 vaccinations and huge sums of government guide will trigger a powerful rebound from the pandemic recession. but the funds chief economist warned the recovery would be unequal with already poor countries falling further behind diversion r

international monetary funds has upgraded a growth forecast for the second time three months.ning about rising inequality and diversions between demands and less than developed economies. global economies are expected to expand 6% this year. that would be the most in four decades. it comes after a contraction of 3.3% last year. amazon's jeff bezos says he is supportive of president biden's approach to help pay for a massive infrastructure bill. he stopped short of endorsing the presidents proposal. this in a statement posted on amazon's corporate blog site. amazon was cut off in the infrastructure after biting cited amazon as a company that did not pay any income tax. arent says -- haram says it's nuclear deal, it demands that the u.s. remove all sanctions for any real progress. they rejected the u.s. releasing $1 billion in frozen oil revenues. aransas -- haram's legal -- around lead negotiator is sent to me again on friday. vladimir putin is set to take part in a climate summit organized by joe biden this month. the kremlin is working on an address to the virtual event. and

we will get reaffirmation of that in 12 minutes out of the international monetary fund. forward to that. right now, on our domestic politics in america, we look northeast to st. louis to cardinals territory, moving to springfield and somewhere in the vicinity of chicago. it is the 13th congressional district of illinois and the republican rodney davis joins us this morning. thank you so much for joining us. do you need a six lane highway from taylorville into springfield? what are you going to get out of the infrastructure bill? rep. davis: you know what? we already have four lanes between taylorville and springfield that's great for our community. i just hope we get some bipartisanship out of the infrastructure bill. that is what i am hoping for. tom: centrist democrats who need to get reelected and centrist republicans. two cycles ago, you barely won reelection. this time around, you did better than ever. are you a centrist republican? what is the common ground you have with senator manchin of west virginia? rep. davis: he has shown he can be a force in the senate. the

gross domestic product growth surged to 18.3 percent for the 1st quarter of this year the international monetary fund says china will drive global economic growth for at least the next 5 years. a group of pro-democracy activists in hong kong will be sentenced in the coming hours for taking part in antigovernment protests and 2019 media tycoon jimmy law is among those being sentenced he's already behind bars in connection with a separate case. well those are headlines do stay with us b.t.w. will be with you in about 25 minutes right after 4 rebels which is up next. in the midst of war a generation grew up in exile more than 13000000 syrians that's half the pre-war population remain displaced inside and outside the country and as the conflict enters its 2nd decade with no political settlement in sight there could be further displacement home for many has been informal camps like this in neighboring countries in lebanon's bekaa valley life has been one of poverty and uncertainty. syria's economy is collapsing and international aid organizations are warning it is pushing millions deeper into poverty many

then the international monetary fund -- [applause] -- the international monetary fund is now estimating the economy will grow at a rate of more than 6% this year. that will be the fastest pace of economic growth in this country in nearly four decades. america is moving. moving forward. but we can't stop now. we are in competition with china and others to win the 21st century. we are at a great inflection point in history. we have to do more than just build back better. we have to build back better. we have to compete more strenuously than we have. throughout our history, think about it, public investment and infrastructure has literally transformed america. our attitudes as well as our opportunities. the transcontinental railroad, the interstate highways united to oceans and brought up a totally new age of progress to the united states of america. universal public schools and college aid opened up the doors of opportunity. scientific breakthroughs took us to the moon. now we are on mars, discovering vaccines, the internet, and so much more. these are investments we made together as one

the world bank president holds a 11:30, the wok president holds a news conference as the international monetary fund begins annual spring meetings, followed by president biden in the afternoon, giving a speech on his infrastructure plan. at 9:00 a.m. eastern on c-span, democratic senator chris coons speaks about climate change and environmental policy. then at 10:00 a.m., the trial continues for former minneapolis police officer derek chauvin who is charged in the death of george floyd. next, look at truth misinformation, and the future , of democracy with washington post columnist, jennifer rubin and strategy director, jennifer kavanagh, author of the book "truth decay." i'm pleased to welcome you to america at a crossroads. if it's wednesday night, and

. ♪ caroline: the international monetary fund and world rank meetings are being held this week and wiley upgraded its forecast, concerns about the widening inequality of the global vaccine rollout. quick the road ahead looks very different where you are -- the road ahead looks very different where your. >> vaccine policy is economic policy and only vaccinating everybody everywhere would get us out of the risk of this mutation. caroline: growing vaccine nationalism is hitting the world's most disadvantaged nations the hardest. the head of the world health organization is calling it a growing chasm. many of the poorest nations continue to wait for millions of doses. >> no longer can we expect poor countries to stand in a queue waiting to get vaccines. the fact that who digi said 17 million vaccine doses today have been administered by 10 countries today. the inequity of vaccine distribution is glaring. caroline: covax is a program in which vaccines are supposed to be distributed to middle and low income countries, many of which have no way of affording them on their own. poorer countries a

the rockefeller foundation together with the international monetary fund and many, many other partners have proposed that a new allocation of international monetary funds special drawing rights effectively a reserve currency be allocated and then used in part to invest in a massive new effort to immunize everyone everywhere. such a proposal could generate $4,450,000,000,000 over the next few years and could help accelerate the achievement of herd immunity of you on the planet by the end of next year. second, we need to turn additional public resources in the vaccines that are available and accessible everywhere. that's going to require a different way of thinking about how we manufacture and distribute these vaccines. the reality is that production has largely been absorbed by the wealthiest nations to date. that's not unexpected but we now need to change that and make sure it's much more accessible to others. so i welcome the conversation on intellectualer property. we know that intellectual property alone doesn't deal vaccines that going to people's arms. you need technology transfer

that is according to the international monetary fund. this is the fastest pace in over 40 years -- nearly 40 years. as the president said last night, america is moving. last night was historic. it was the first time two women, the vice president of the united states, and the speaker of the house, sat behind a president as he delivered his address to the nation. it sends the message to girls and women that, beyond the sky is the limit. we would say the skies the limit years ago, now with the technology we are seeing, there is no limit. the president's speech afflicted that message. it is one thing to have two women there. it is remarkable, actually, i say, immodestly. but what is really important about the night was what the president said in his speech. it was a triumph for women, imminent home, women in the workplace. you could pay for equal work. paid family and medical leave. affordable child -- child care. universal pre-k. i love that, because it is children learning, parents earning. the violence against women act that he urged the

president holds a 11:30, the wok president holds a news conference as the international monetary fund begins annual spring meetings, followed by president biden in the afternoon, giving a speech on his infrastructure plan. at 9:00 a.m. eastern on c-span, democratic senator chris coons speaks about climate change and environmental policy. then at 10:00 a.m., the trial continues for former minneapolis police officer derek chauvin who is charged in the death of george floyd. next, look at truth misinformation, and the future , of democracy with washington post columnist, jennifer rubin and strategy director, jennifer kavanagh, author of the book "truth decay." i'm pleased to welcome you to america at a crossroads. if it's wednesday night, and must be time for another of our virtual town halls. tonight, we feature one of our most frequent guests, jennifer rubin. she's been an often cited pundit with the post since 2010 and a contributor to msnbc news. she's been described as a phenomenon and one of the most prolific online political writers. i might add, one of the most thoughtful. she wa

this includes to the international monetary fund, world bank. what a simple question -- how much support do you expect from the international communities in terms of billions of dollars at this paris conference? prime min. hamdok: the conference is an opportunity for us to meet with our partners, addressing the debt issue. sudan has mounting debt of over 60 billion, so we hope through the process we will be able to reach a sizable debt forgiveness and all that. our expectations about the conference is quite remarkable. we don't have to put a figure on it, because we are going there to discuss investment, not pledges as such. >> prime minister abdalla h amdok, i want to thank you very much for being our guest on the "france 24" interview from khartoum, capital of sudan, and i want to thank you for watching this edition of "thetataptúñzÑÑÑ 04/14/21 04/14/21 [captioning made possible by democracy now!] amy: from new york, this is democracy now! >> the president has been consistent that there is not a military solution to afghanistan , that we have b

. >> monday, a facility manufacturing director speaks with the international monetary fund about fairly distributing the covid vaccine worldwide. watch live beginning at 1:00 p.m. eastern on c-span. online at c-span.org. or listen on the free c-span radio app. >> c-span is your unfiltered view of government. we are funded by these companies and more, including media,. >> the world changed in an instant. media com was ready. we never slowed down. schools and businesses went virtual and we powered a new reality because at mediacom, we're built to keep you ahead. >> mediacom supports c-span as a public service, along with other television providers, giving you a front row seat to democracy. peter: and joining us this week on 'the communicators" is the former chairman, tom wheeler.

sputnik no treasury secretary janet yellen and international monetary fund managing director, they joint world bank president for a discussion on the global economic recovery from the covid-19 pandemic. this is just over half an hour. stomach it is a pleasure to be with imf director and with u.s. treasury secretary janet yellen to discuss the economic recovery and the kickoff of our spring meetings. the world of phases major challenges including covid climate change rising poverty and inequality and growing fragility and violence in many countries. the inequality is most apparent in the direct effects of covid that hits informant workers and the vulnerable the most by the inequality extends will be on that to vaccinations. the concentration and wealth, the unequal impact of the fiscal stimulus and outside purchases and the end balance in debt creditor relationships perfectly for people need poorest countries the world bank group is leading forward as much as possible to face these challenges in response to covid-19 b took broad fast action and quickly achieved over 100 active operations

the international monetary fund says it is expected to grow by more than 6% this year and that hasn'td since 1984 at this rate. the economy would actually be doing better than before the pandemic. president biden stimulus package, getting some of the credit here last month, the u.s. saw its biggest jobs since august. all right. let's go outside and get another weather check this time. taking a look at the golden gate bridge and chief meteorologist lawrence karnow and big ask you lawrence's. that fog is that he's right now. he's out toward the golden gate. we're going to see that fog. >> don't worry, get play that again tonight surging back on shore. so, yeah, kind of want to give you a long-range look at the weather pattern now is the fog continues to develop along the coastline. kind of giving you an idea of what we can expect, especially get the weekend and beyond. you see some of that patchy fog behind me over san bruno mountain more that come overnight tonight. today. temperatures. yeah. they kind of backed off a bit in spots down a good 9 to 10 degrees in the valleys. cooler else

. >> coming up, we are -- we will hear from the president of the world bank and the international monetary fund at 11:30. this afternoon, president biden lays out his infrastructure plan. you can watch live coverage of that or listen in with the free radio app. >> congress returns from their holiday recess next week. the senate returns monday at 3:00 eastern to continue work on the nomination of the deputy transportation secretary peered the number two post undersecretary pete buttigieg. and senators will begin working on more nominations including wendy sherman to be deputy secretary of state and gary gensler to -- the securities and exchange commission. tuesday's legislative business. members are expected to work on equal pay for women legislation as well as a bill to prevent workplace violence against health care and social service workers. president biden's infrastructure and jobs packages not expected on the house floor until later in the spring or early summer. watch live coverage of the house on c-span, the senate on c-span two, and follow our congressional coverage any time at c-span.or

gross domestic product growth surged to 18.3 percent for the 1st quarter of this year the international monetary fund says china will drive global economic growth for at least the next 5 years it's while the rest of the world recovers from the pandemic contribute joins us now live from shanghai katrina so obviously this is huge growth in the midst of a pandemic talk us through the numbers how did china manage such a bounce back. that's right give it's kind of that a figure 18.3 percent that's the highest a level of quarterly worth recorded since 1903 when reports began here in china and really it's actually quite spot on the what economists were predicting we spoke to a number of them they were predicting a range between 16 percent to 20 percent so that's definitely in line with expectations but we do have to keep this in context this time last year china posted a historic contraction of almost 7. percent so we all looking at the growth rate of 18 percent that's coming from quite a lower jumping off point but still it is quite significant last year when we had the contraction china had all about come