Plenty more on the website, and you can get in touch with me on twitter. Now on bbc news, live to singapore for Asia Business report. Global slowdown. The International Monetary fund points to trade was in brexit uncertainty as it cuts its growth forecast yet again. Indias gaming boom. Way many of the countrys 500 million gamers are thinking about going professional. Good morning, asia. Hello, world. It isa good morning, asia. Hello, world. It is a wednesday. Glad you could join us is a wednesday. Glad you could join us for another action packed mid week edition of Asia Business report. Im rico hizon. Lets kick off the programme with the world economy, because the International Monetary funds latest prediction for Global Growth offers a downbeat assessment of the impact of the us china trade war, and the brexit uncertainty. The imf has cut its forecast for economic expansion to just 3 , the lowest since the financial crisis. The bbcs Samira Hussain has more from new york. The imfs huss
Financing airports in the ivory coast city of jobs and show you two entrepreneurs in india shirts and dresses made out of textile waste are making that an impact as environmental awareness is on the right. Im chris cuomo good to have you with us. Political instability the persisting trade conflict between the United States and china and the chaotic proceedings surrounding an increasingly likely no deal all are taking their toll on the Global Economy the International Monetary fund says the World Economy is experiencing quote synchronized the celebration and the worlds trade organizations view isnt uplifting either it warns that world trade is slowing at an alarming rate. The worlds leading Financial Institutions say the Global Economy is in a delicate position which needs handling with care. The World Trade Organization says global trade is expected to grow at a much slower pace this year than previously thought w t a lot of us have lowered their growth forecasts for two thousand and o
Between the United States and china and the chaotic proceedings surrounding an increasingly likely no deal all are taking their toll on the Global Economy the International Monetary fund says the World Economy is experiencing quote synchronized the celebration and the World Trade Organizations view isnt uplifting either it warns that world trade is slowing at an alarming rate. The worlds leading Financial Institutions said it Global Economy is in a delicate position which needs tumbling with care. The World Trade Organization says global trade is expected to grow to a much slower pace this year than previously thought. Have lowered their growth forecast for two thousand and nineteen by almost a third and said it is a threat to any recovery the International Monetary fund points a finger at the u. S. China trade conflict. Specifically we have looked at what might happen if tariffs on all goods traded between the u. S. And china went up by twenty five percentage point points that would e