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Transcripts For BBCNEWS World Business Report 20240706

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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Transcripts For BBCNEWS World Business Report 20240706



the global economy is expected to grow a paltry 3% over the next five years, according to the head of the international monetary fund. 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. central bankers are raising interest rates to try and slow down those price increases. as a result, however, is we have some of the weakest growth projections by the international monetary fund since the 1990s. now, 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 poorer countries, pushing them further into financial distre ....

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Transcripts for BBCNEWS World Business Report 20240604 04:37:00

From the current artificial intelligence frenzy stirred up by chat gpt, by enticing more customers towards its cloud computing platform. and at a charity auction in dubai, a bidder has smashed the record for the world s most expensive car number plate. the bidder ended up paying $15 million for the license number plate called p7. the previous record was $14.2 million at an abu dhabi auction in 2008. the money goes towards the one billion meals campaign, which aims to combat global hunger. let s talk about china in more detail. when it comes to inflation there, the latest numberes have come out for the month of march which show consumer prices have slowed to an 18 month low. the consumer price index for march rose by zero point seven 0.796 0.7% on an annual basis. ....

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Transcripts for BBCNEWS World Business Report 20240604 10:42:00

Tony danker will leave the cbi with immediate effect and be replaced by rain newton smith. it follows allegations over mr danker s conduct involving a female employee. chinese tech giant alibaba has unveiled its rival to chat gpt. the firm hopes to integrate its new artificial intelligence model across the company s business applications soon. alibaba hopes to benefit from the current artificial intelligence frenzy stirred up by chat gpt by enticing more customers towards its cloud computing platform. at a charity auction in dubai, a bidder has smashed the record for the world s most expensive car number plate. the bidder ended up paying 15 million dollars for the license number plate called p7 . the previous record was 14.2 million dollars at an abu dhabi auction in 2008. the money goes towards the one billion meals campaign, which aims to combat global hunger. ....

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