A growth downgrade the i. M. F. Triggers its outlook for the World Economy the courts treat tensions between the United States and its trading partner its also coming up is the slow death of diesel speeding up all of a sudden of course in berlin rules on a ban in parts of the german capital. This is your Business Update on how. Glad you could join me the International Monetary fund has cut its Global Growth forecast down from almost four percent to three point seven percent it cites trade tensions and Rising Interest Rates the announcement coming at the annual meeting of the i. M. F. And World Bank Currently taking place in indonesia. The us China Trade War Is said to make the world poorer according to the i. M. F. And a prolonged conflict could mean more shocks to the global economy. Impacts of trade policy and uncertainty are becoming evident at the macroeconomic level while
anecdotal evidence or q its result in harm to companies. Policy reflects politics and politics remain unsettle
After tough negotiations the u. S. And canada finally closed a free trade deal last sunday donald trump is claiming it as a personal triumph talks had lasted thirteen months an agreement was reached only at the last minute. Which smy great honor to announce that we have successfully completed negotiations on a brand new deal to terminate and replace nafta and the nafta trade agreements with an incredible new us mexico Canada Agreement called us m. C. A. D. Upon closer inspection there are few changes between the new trade deal and the old one. Canada gave in to u. S. Demands to open up its highly protected dairy market and both sides made compromises over tariff free auto imports the only completely new aspect is the name nafta is now the United States mexico Canada Agreement canadian Prime Minister
justin trudeau also promoted the deal as a big success its an agreement that when enacted will be good for Canadian Workers good for Canadian Business and good for canadian families its an
The u. S. Economy growing a pace at an annual rate of three point five percent the boom being driven partly by tax cuts but is it just a flash in the pan. Brazil chooses a new president on sunday hell inherit a struggling economy that may no longer be able to support the average retirement age of fifty five. And after years of protests against gentrification demonstrators pushed google out of berlin. Im Stephen Beard slumberland thanks for joining us the u. S. Economy beat expectations in the Third Quarter on the back of the strongest Consumer Spending in nearly four years the Commerce Department said Gross Domestic Product the total values of goods and services produced increased by three and a half percent from a year earlier the sharp rise in spending help offset a big drop in Trade Companies bit more to increase their inventories which also helps all sort of Growth Analysts are expecting the economy to expand by around three percent this year. And were joined now by our financial c
But that will be an interesting game this one here in amsterdam this was just an appetizer next tuesday against france there was a cup winners in paris again and away game a really tough challenge for germany because you often live and its stuff well exciting to see how this pans out. And reporting they youre watching live from the station for moment that is a toughie out. He takes it personally you end up with a little bit wonderful people and stories make the game so special. Federal troops. Become more than subtle online climate change. Waste. Pollution. Isnt it time for good news eco
africa people and projects that are changing the ones are meant for the best its up to us to make a difference lets explain. The farming magazine. On d. W. Hello and a very warm welcome to our new edition of. Weekly movie magazine coming up in the show. Ohanian biopic the extraordinary life of queen finger Freddie Mercury hits the big screen and the luna breakout a new film about a dramatic escape from
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