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Added on the 15/03/2019 12:10:48 - Copyright : Wochit
European Central Bank President Christine Lagarde says Eurozone inflation is slowing but is still expected to be "too high for too long", as the ECB raises interest rates for the ninth consecutive time. SOUNDBITE
Representatives of 175 nations with divergent ambitions met at UNESCO headquarters in Paris for the second of five sessions, with the aim of making progress towards reaching, by next year, a historic agreement covering the entire plastics life cycle. IMAGES
The war in Ukraine has undercut the global recovery and slowed expected economic growth in most countries in the world, IMF Managing Director Kristalina Georgieva says. "We are facing a crisis on top of a crisis," Georgieva says in a speech ahead of the spring meetings of the IMF and World Bank. SOUNDBITE
The IMF downgrades its forecast for global economic growth this year, citing the impact of the Omicron variant of Covid-19, which contributed to a slowdown in the United States and China. World GDP is forecast to expand 4.4 percent this year, half a point lower than its previous estimate released in October, says IMF First Deputy Managing Director Gita Gopinath. SOUNDBITE
French Prime Minister Jean Castex arrives at a Bic factory in Montévrain (Seine-et-Marne), to preside over a National Council of Relocated Industry meeting, as part of the country's wider economic recovery plan. Castex is accompanied by the ministers of Economy Bruno Le Maire, Elisabeth Borne (Labour), and Agnès Pannier-Runacher (Industry). IMAGES
The merger of Peugeot-maker PSA and Fiat Chrysler is "good news both for France and for the European industry", says French Economy minister Bruno Le Maire. SOUNDBITE
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