GMT
Use attributes for filter ! | |
First episode date | February 1, 2010 |
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Production location(s) | Broadcasting House |
London | |
Creators | BBC World News |
Presented by | Lucy Hockings |
Stephen Sackur | |
Networks | BBC |
BBC World News | |
Cast | George Alagiah |
Date of Reg. | |
Date of Upd. | |
ID | 1862534 |
About GMT
International news and intelligent analysis to take you to the heart of the day's top global story. George Alagiah shares his experience to communicate why world stories matter to the UK and global audience.
Investigation over truck crash near White House
... The incident - which happened just before 22:00 (02:00 Gmt) - triggered evacuations of local hotels including the Hay Adams, according to Fox News...
Cheltenham stabbing: Man held under Terrorism Act
... Isolated incident Officers urged anyone with information about the attack - outside the Leisure at Cheltenham centre in Tommy Taylors Lane at about 21:15 Gmt - to contact them...
Five killed in Israeli strike on Damascus, Syria says
... The strike - which hit at 00:22 local time (21:22 Gmt) - caused damage to several homes in Damascus neighbourhoods and other nearby areas, Syrian officials said...
Monterey Park shooting: Elderly Asian suspect found dead
... The mass shooting, one of the deadliest in California s history, began at around 22:22 local time on Saturday (06:22 Gmt on Sunday) at the popular Star Ballroom Dance Studio in Monterey Park, about seven miles (11km) east of central Los Angeles...
Gare du Nord: Six people injured in knife attack
... The attack took place at 06:42 (05:42 Gmt) - within one minute all six people were injured and the attacker was stopped...
Nazanin Zaghari-Ratcliffe: Watching Andy Murray from prison was joyful
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Investigation after two boys found dead in London home
... Police and London Ambulance Service crews attended after being called at about 14:00 Gmt...
Spotlight: Paramilitary loan sharks targeting food bank users
... " You can watch BBC NI Spotlight s Loan Sharks and Paramilitaries and also on BBC One on Tuesday 13 Dec at 22:40 Gmt...
Governments should subsidise food and energy - IMF boss
Governments need to subsidise the cost of food and energy for the poorest members of society, The Head of The International Monetary Fund (IMF) has told The Bbc .
People around The World are struggling with The Rising cost of living.
Kristalina Georgieva said support needs to be provided " in a very targeted manner, preferably by providing subsidies directly to people".
Many governments are providing some help, but critics argue its not enough.
When It Comes to the cost of living crisis, Ms Georgieva said: " There are two priorities, one the very Poor People , segments of society that are now struggling with high food and energy prices".
The Second , she added, is to support those businesses that have been " most damaged" by The War in Ukraine.
The is to work with governments to stabilise the global economy and enhance prosperity.
However, that's proving challenging because food prices have hit record highs this year, whilst oil and gas prices have also risen sharply.
This is largely because of The Twin shocks of the coronavirus pandemic and The War in Ukraine. Between them Russia and Ukraine were major exporters of crops and hydrocarbons.
Recession concernsThe to the global economy has led the annualised inflation rate to reach its highest point in decades in many countries: 9% in the UK, 8. 3% in the US and 7. 4% in the Eurozone.
Central banks are increasing interest rates to try and slow the increase in prices, which has led some influential figures such as Goldman Sachs ' Lloyd Blankfein to warn of The Risk of recession.
Ms Georgieva is also concerned about the impact those higher borrowing costs will have on governments who have to repay huge debts they took on to get through the pandemic.
With that in mind She Said governments need to be " very careful" about how much money they spend and what they spend it on.
The problems of falling living standards was at The Top of The Agenda at This Week 's meeting of G7 finance ministers in Germany.
The Meeting of seven wealthy countries ended with a pledge to " continue to work together to minimise the impact of The War globally as well as on Our Own economies and population by providing well-targeted support, where necessary".
Over The Last few months governments have made a range of interventions to try and lower the cost of living.
In the US President Biden has to try and bring prices down, Spain and Portugal have capped gas bills and it's a
In the UK Chancellor Rishi Sunak has made some tax changes and is on the soaring profits of energy companies.
Ms Georgieva is concerned that without the correct government support the protests seen in Sri Lanka could be repeated in other countries.
Sri Lanka 's economic crisis, exacerbated by rising prices, has led to deadly riots, a new Prime Minister and a first ever.
The IMF boss said such similar unrest before the pandemic, from France to Chile, was caused by " a sense of inequality growing" and decisions being made without the support of The People .
" If We Are to learn any lessons from 2019 if is to be much more humble about policy decisions, and engage in multiple ways with people, because policies must be for people, not The Paper we write them on, " She Said .
Feeding The WorldA group of international development bodies including the IMF and World Bank This Week launched to try and tackle food insecurity around The World .
It was spearheaded by US Treasury Secretary Janet Yellen , Who Said it was necessary because: " There's a very real risk that soaring global market prices of food and fertiliser will result in more people Going Hungry . "
Ms Georgieva said that while there is plenty of food, it is not evenly distributed.
The Solutions , She Said , are growing more crops where possible but also a greater Focus On agricultural productivity, " not only because of The War , but because of climate change".
She added: " Trade needs to be retained open, we should not have a situation in which countries hold on to food More Than they need and create all kinds of barriers for moving it from one place to another. "
India is The World 's second biggest wheat producer but, just as other countries were looking for it to Make Up some of the shortfall from Ukraine's inability to ship its produce. Narendra Modi 's government says that ban could be revised at some point.
" I would really beg them to reconsider, that is such a difficult moment for The World , " Ms Georgieva said.
" I understand they need to feed their people. They have 1. 4 billion of them, but let's all act in a collaborative manner because Only If you do [that, do] we have a chance to overcome this crisis. "
Source of news: bbc.com