Iris Pang News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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...

we begin in china where as you've been hearing there were hugs and tears as international travellers arrived in china yesterday without the need to quarantine for the first time since the early stages of the covid pandemic. the strict quarantine rules had been in place for nearly three years. their lifting marks the end of beijing's zero—covid policy, which had caused growing public anger. in hong kong, 400,000 people are expected to travel into mainland china in the coming weeks with long queues for flights into cities including beijing and xiamen. so what impact will the reopenin...

let's start here in the uk where the new chancellor has been holding crunch talks with the prime minister on sunday to thrash out plans on tax and spending. jeremy hunt says his focus is on growth underpinned by stability. the value of the pound has gone up against the dollar in early trading today in asia. we will look at the market numbers in a moment because the new chancellor has the tough task of restoring economic credibility in the financial markets. our international trade correspondent dharshini david explains some of the tough challenges he faces. as international trading r...

hello there. we start with the cost of living crisis — because the uk is facing a summer of discontent over pay, according to the head of the biggest private sector union. sharon graham, who runs the unite union, has told the bbc it's not "militant" to ask for pay rises in line with inflation, currently running at over 9%. she says tens of thousands of her members, from bus drivers to refuse collectors to factory workers, are involved in pay disputes around the country. this warning comes as railway workers announce more strike days over the summer. here's what she had to say to ou...

hello there. a significant easing of restrictions in shanghai, which will allow most people to move freely around the city after more than two months of a full lockdown. hooray! the curbs on movement have crippled demand and production. on tuesday, beijing unveiled a stimulus package with 33 measures to try and revive the economy. but china's overall policy of zero covid remains very much in place according to our reporters on the ground. joining me now is iris pang, who is the chief economist at ing wholesale banking. iris, is china open for business? yes, it is. the unwinding of lo...