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hello and welcome to bbc news. we start with the international monetary fund, which has published their prediction for the year ahead. global growth will shrink in 2023 from 3.4% last year to 2.8% this year. the economies in germany and the uk will shrink. the imf also expects high interest rates to be temporary forecasting them to fall back to pre pandemic levels. let s hear what the chief economist had to say. hear what the chief economist had to sa . ,, . ., hear what the chief economist had to sa ,, ., ., , hear what the chief economist had to sa . ,, ., ., , ., ., say. starting to bring inflation back towards say. starting to bring inflation back towards of say. starting to bring inflation back towards of targets, - say. starting to bring inflation back towards of targets, but l say. starting to bring inflation | back towards of targets, but at say. starting to bring inflation - back towards of targets, but at the same time, risks have emerged. in our latest ....
expected to defend the banking system after his government scrambled to prepare emergency measures to bail out silicon valley bank customers. here comes the president coming up to the podium. president biden: before i leave for california, i want to briefly speak about what is happening in silicon valley bank and signature bank. today thanks fought quick action of my administration america will have confidence that the banking system is safe. your deposits will be there when you need them. small businesses across the country that deposit accounts at these banks can breathe easier knowing they can pay their worker and pay their bills. hard working employees can breathe easier as well. last week when we learned of the problems of the banks and the impact they could have on jobs, some small businesses and banking systems overall, i instructed my team to act quickly to protect these interests. they have done that. they have done that. on friday, the government regulator i ....
next question at white house correspondent peter doocy is traveling with the president. good evening, peter. good evening, president biden helping to prevent a run on the banks by signaling to consumers that wealthy banking negatives are out of luck but every day folks with money in bank accounts can be guaranteed their money is safe. they are very careful to avoid using the b-word, bailout. see you in california. the plan to talk about training sailors to work out of a new joint nuclear sub base in australia to counter threats in the indo-pacific. these subs indo-pacific. the subs are powered, not nuclear armed subs, nuclear power, not nuclear armed. the president s trip not the biggest story, that s the collapse of the silicon valley bank. your deposits will be there when you need them. they will come to the deposit insurance fund. no losses will be borne by the taxpayers. job losses are coming for those president believes that took advantage of re ....
massive intelligence leak at the pentagon as the biden administration scrambles to assess the damage and contain the fallout. hello, and welcome everyone. welcome back to you, bill. bill: thanks for having me, bill melugin in for john roberts. u.s. officials are trying to put the pieces together how secret intelligence documents were leaked online. exposed highly sensitive info, not just on the war in ukraine but also on u.s. spy operations on some of the closest allies. possibly most alarming part of all this, the white house says, they don t know if the leak has been contained. sandra: american officials are attempting to sooth foreign governments and human services that may have been compromised by this unauthorized disclosure, as concern is growing, they will now be hesitant to share critical intelligence in the future. bill: and fox team coverage right now. retired general keith kellogg standing by. but first jennifer griffin is live at the pentagon. what are ....
to travel on the cheap. i was earning very good money, putting frozen pies in a box. you can absolutely fund all this traveljust by moving around and working. and the final curtain at broadway s longest running show. this is the first show i ever saw on broadway, and it s my broadway debut, so it s a beautiful, beautiful full circle moment for me. sitting halfway between the scottish mainland and norway, the shetland islands have a unique combination of cultures, and today, the sleepy town of lerwick is facing an invasion from a long dormant foe the vikings. cheering. so this is up helly aa. it is one of a number of viking festivals that take place in shetland every year, and this one, in lerwick, is the biggest. up helly aa is best known for its night time procession. almost 1,000 people carry flaming torches through the streets, then set fire to a replica viking ship. the day begins with a march through the town, led by the jarl squad, a group of around 60 locals, k ....