00:00 The United Nations or UN released its updated economic forecast which indicated better outlook
00:05 for several large economies. These countries are the United States, Brazil, India and Russia.
00:12 According to its mid-2024 report, the world economy is projected to grow by 2.7 percent this year,
00:19 higher than the 2.4 percent forecast in its January report. The report identified dangers
00:25 related to climate change, particularly for the world's poorest countries and small island nations,
00:32 longer-term interest rates that are higher, difficulties repaying debt and ongoing geopolitical tensions.