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let s get down to business and we start with the big picture. the global economy is expected to grow a paltry 3% over the next five years according to the head of the international monetary fund, kristalina geogieva. her comments were made ahead of the imf and world bank s spring meetings which kick off today in washington. our north america business correspondent samira hussain is there. high inflation continues to plague countries around the world. bankers are raising interest rates to try and slow down those price increases. as a result, however, we have some of the weakest growth projections by the international monetary fund since the 1990s. with the world s finance ministers and central bankers all meeting in washington this week, the increasingly fragile global economy will certainly be the focus, along with ways for countries to try and mitigate some of the negative impacts of those interest rate rises. now, the high inflation, however, is already having an impact on ....
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Won t. yes. this quarter it won t, and i think almost| won t. yes. this quarter it l won t, and i think almost all of the economies expect that it won t because this is just the start of the recovery. my expectation is still 5% gdp growth for this year because there is a challenge from the external markets as you have chopped up our forecast for this year which is quite low, and i also forecast the same because of the slowing ex term demand which is affecting china s managing and export orders. , ., , orders. 0k, iris, always interesting orders. 0k, iris, always interesting to orders. 0k, iris, always interesting to get - orders. 0k, iris, always interesting to get your. orders. 0k, iris, always- interesting to get your view on what s happenkm in china, thank you so much. iris pang from ing. let s stay with china. staying with china, brazilian president luiz inacio lula da silva is set to arrive in shanghai today and will meet his chinese counterpart xi jinping in beijing on friday ....