Komal Sri News Today : Breaking News, Live Updates & Top Stories | Vimarsana

welcome to world business report. i'm ben thompson. in the last few minutes, the international monetary fund have released their outlook for the global economy. they have revealed it has reached a highly uncertain moment so let me run you through the numbers in the latest economic outlook. the imf expect it to grow a paltry 3% over the next five years. 2.8% this year. the uk is on track to be the worst performing advanced economy this year. expected to shrink by 0.3% in 2023, much worse than many other g7 countries. they say will grow by i% in 202a. the us in contrast, it is forecast...

Way on the interest rates. problem, the fed was totally wrong and the banks got hit. so we have an implicit belief that central banks know everything and i believe they are a significant cause of the world market turbulence and that is seldom reflected in the world economic 0utlook reports of the international monetary fund which does not criticise developed countries. the one exception was their criticism of the uk last september. but generally, they reserve their criticism for emerging markets, rather than developed countries, which are the big shareholders in the organisation. that is an es...