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The Intelligence from The Economist

The new mediocre: the world economy

The Intelligence from The Economist

The Economist

Global News, Daily News, News

4.53.7K Ratings

🗓️ 9 April 2019

⏱️ 23 minutes

🧾️ Download transcript

Summary

The International Monetary Fund releases its global-growth forecast today. Expect news of a downgrade, but not recession: low growth has become the status quo. We join international forces in Burkina Faso, where African troops are being trained to contain a growing risk of jihadism. And, why is it that concern about climate-change comes and goes? 

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Transcript

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0:00.0

News of the global climate crisis can leave us feeling helpless.

0:05.0

Too much negativity can trigger our eco-anxiety,

0:08.0

leaving us paralyzed when we need to act.

0:11.0

This is why EONNEXT is in search of better news to power up for change.

0:16.0

According to a CBI report, the transition to a greener economy is boosting UK growth,

0:22.0

with 71 billion pounds of jobs and investment being brought to the UK's industrial towns.

0:28.0

If you're feeling impacted by eco-anxiety, EONNEXT have created a range of resources such as green noise soundscapes.

0:36.0

Just search power up for change in your podcasting app.

0:46.0

Hello and welcome to the Intelligence on Economist Radio. I'm your host Jason Palmer.

0:51.0

Every weekday we provide a fresh perspective on the events shaping your world.

0:59.0

In the Sahel, a vast swath of land that stretches across the African continent, there's a worrying trend.

1:06.0

Jihadists of several stripes are growing in number and in influence.

1:10.0

We tag along with an international training exercise aimed at preparing African forces to contain the threat.

1:17.0

And you might think that the public's interest in the world's changing climate has been on a steady rise.

1:24.0

You'd be wrong. A dive into data about online searches reveals that climate concern comes and goes.

1:38.0

First up though.

1:42.0

Over the past six months, a pessimistic picture of the world economy has been emerging.

1:47.0

Speaking at the US Chamber of Commerce last week, Christine Lagarde, the head of the International Monetary Fund, issued a warning.

1:54.0

The global economy is at a delicate moment.

1:58.0

Only two years ago, 75% of the global economy experienced an upswing.

2:06.0

So it was a synchronized growth acceleration.

2:12.0

For this year, we expect not 75, but 70% of the global economy to experience a slow down in growth.

...

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