A growth target as its economy reels from the coronavirus pandemic. A massive cleanup operation in india and bangladesh after cycling sweeps through the region. Also ahead the skys not to the limits the u. S. Pulls out of a longstanding open skies arms control treaty saying russia violated it. And in sport costa rica become the 1st country in the americas to resume their professional football league. The government in hong kong says it will work with beijing to introduce a new National Security law as soon as is possible we are expecting more details later but its believed to criminalize secession foreign interference and subversion of beijings state power news of the plan has already been met with. Protests in hong kong and leading prodemocracy figures called at the end of one country 2 systems the chinese premier li announced the bill at the opening of the annual National Peoples congress its meeting 3 months late because of the pandemic also coming from the parliament for the 1st ti
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 york. the from new york. world bank expects the global the world bank expects the global economy to grow by 1.7% this year, much lower than the 3% originally predicted by the world bank back injune. now, a number of factors are being blamed. the continued war in ukraine continues to put pressure on global energy prices, and interest rates are rising in many economies to combat the high cost of living. now,
About the allegation, not necessarily the allegation itself was true. This comes back to an issue from ten years ago. Having got rid of Michael Fallon in a ruthless way, she set the bar high. If she had not got rid of him she would have faced accusations of cronyism. And a bit of a cover up. So difficult for them. The issue is how you get back on the front foot and ina you get back on the front foot and in a normal news cycle you would have a rich diet of domestic stories to push things on the brexit overs ha d ows to push things on the brexit overshadows everything. In the absence of a distinct domestic agenda it is difficult. We can look at the front page of the guardian newspaper. At what point during the day, theresa may was privately dealing with this, while she was on herfeetin dealing with this, while she was on her feet in the commons, dealing with this, while she was on herfeet in the commons, or dealing with this, while she was on her feet in the commons, or sitting ona her f
Source, we will take you through the biggest stories around the world in the next hour with the help of the best of the Bbc International journalists and we start here in london because damian green from the uks deputy Prime Minister, has resigned. It was after an enquiry into allegations about his conduct found he made inaccurate and misleading statements about what he knew about claims pornography had been found on a computer in his office in the houses of parliament a few years ago. This was the letter that has been sent to theresa may, apologising for his conduct and the Prime Minister has replied accepting his resignation. We can go live to alex forsyth who is in westminster. Tell us more about the conclusion of this investigation. This enquiry was in two broad matters, the first was allegations that damian green had behaved inappropriately towards a conservative activist and the second concerning alleged legal pornography that was found on computers in his Parliamentary Office in
Welcome to power lunch. Stocks are lower at this hour and dow and the s p 500 slightly higher telecomes are the best financials fedex more than 300 and wild trading day for bitcoin plunged 10 earlier and sinking again now. A lot of news. Hackings, bankruptcies and selling from a major player. Well dive deeper into it. Blackberry the company topping expectations and 2018 revenue and stitchfix, however, tanking. The Apparel Company increasing its Customer Base but its bottom line was impacted by higher costs. And chipotle taking a drop the stock is lowered by more than 2. 5 . Brian . Michelle, thank you. We begin today with the latest out of washington, d. C. The tax bill passing, again. All the angles of that bill covered. Abram at the president where the president is expected to hold a tax bill event at 3 00 p. M and kayla is on the next big story. Thats a funding bill to keep the government open. Lets start with elan. Brian, it is Done Congress has now passed the most sweeping rewrite