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it's three years today since chinese state media reported the first recorded death from covid—19. since then the global economy has been under intense pressure, and now the world bank is warning it is close to falling into recession. in its latest economic forecast, the bank said after surging by over 5% in post—pandemic 2021, growth in the world's richest economies is likely to slow sharply from 2.5% last year to just 0.5% this year, and debt caused by the pandemic will take decades to pay off. the bbc�*s north america business correspondent samira hussain reports from new yor...

>> i paid for my student loan, and everyone else should too. neil: the price tag for president biden's student loan handout growing and so now is the pile-on, and it's not just coming from republicans. some swing state democrats are coming out swinging against it as well. why someone here that a alone might want to tell taxpayers what they need to know and maybe worry about. and still what we don't know in this battle two wean the justice department and former president donald trump. we do know that his legal team is making a new request for a special master to look at everything the...

we start in the uk, where we now have a new finance minister after a night of high political drama. the former chancellor rishi sunak handed in his resignation on tuesday evening, citing a failure of leadership from the prime minister in his handling of the latest political scandal. this left the top finance job up in the airfor a few hours before nadim zahawi was appointed as the new chancellor of the exchequer. this comes at a critical time for the economy as the uk grapples with a cost of living crisis and rising inflation. this was acknowledged in rishi sunak�*s resignation let...

the reality that swing voters might not be so kind to a party that cannot stop pouring gasoline onto the inflation fire. they are revolting against biden's bailout with some sharp reviews, calling it "out of touch," and saying that it sends the wrong message. even the left-leaning "washington post" is calling it a regressive and expensive mistake. the white house responding to all of that and dismissing concerns. >> if this is about getting people to vote ahead of the midterms, the real national emergency is democrats in the midterm election. >> i disagree with everything you just la...

european union leaders have agreed a compromise plan to block more than two—thirds of russian oil imports. european council chief charles michel said the deal cut off "a huge source of financing" for the russian war machine. he added that it put "maximum pressure on russia to end the war". european commission president ursula von der leyen praised the deal. i'm very glad that the leaders were able to agree in principle on the sanctions package. this is very important, thanks to this council should now be able to finalise a ban on almost 90% of all russian oil imports by the end of ...