IMF raises 2023 global growth forecast on China's reopening
CGTN,China Global Television Network
2 minutes
The
International Monetary Fund (IMF) on Monday estimated that China's
economy will grow by 5.2 percent in 2023, 0.8 percentage points higher
than its October 2022 forecast.
"Growth is expected to pick up in
China with the full reopening in 2023," the IMF stated in the newly
released update to its World Economic Outlook report.
The IMF said
global growth would still fall to 2.9 percent in 2023 from 3.4 percent
last year, but that marked an improvement over its earlier prediction of
2.7-percent growth in 2023.
The IMF said it had raised its growth
expectations due to "surprisingly resilient" demand in the U.S. and
Europe, an easing of energy costs, and the reopening of China's economy
after the removal of its strict COVID-19 restrictions.
IMF Chief
Economist Pierre-Olivier Gourinchas said recession risks had subsided
and central banks had made progress in controlling inflation, but more
work was needed to curb prices, while the further escalation of the
Russia-Ukraine conflict could lead to new disruptions.
He
acknowledged that China's reopening would put some upward pressure on
commodity prices, but "on balance, I think we view the reopening of
China as a benefit to the global economy," noting it would help ease
production bottlenecks that have worsened inflation and increase Chinese
consumer demand.
18 hours ago · Accordingly, we have slightly increased our 2022 and 2023 growth forecasts. Global growth will slow from 3.4 percent in 2022 to 2.9 percent ...
13 hours ago · The global growth outlook for 2023 was revised up by 0.2 percentage points to 2.9 percent, the IMF said in its World Economic Outlook Update, ...
14 hours ago · The International Monetary Fund (IMF) on Monday estimated that China's economy will grow by 5.2 percent in 2023, 0.8 percentage points higher ...
China ranked first among the world's major
economies in average annual economic growth from 2020 to 2022,
contributing significantly to the global economic recovery.
Check
out this infographic showing how the world's second-largest economy
played a key role in driving the global economic recovery over the past
three years.
$8M settlement after deadly Mesa police shooting of Daniel Shaver now funded, attorney says. The settlement was reached in November 2022, years after Shaver ...
"The
$8 million settlement being paid to resolve the claims against the City
of Mesa is among the largest publicly reported for any killing of a
citizen by an Arizona police officer," the law firm said. "In fact, it
is the highest settlement for a deceased victim in Arizona and more than
twice the amount of Mesa’s highest settlement to date."
Videos in the player above shows prior ABC15 coverage of this incident.
The
deadly incident occurred when officers were originally called to a
hotel to investigate reports that someone was pointing a gun out of a
window.
Brailsford was holding Shaver at gunpoint while ordering
him to crawl forward on a hotel hallway floor before the deadly shooting
happened.
Brailsford was tried for murder and was found not
guilty. He was originally fired from the force but was later allowed to
retire on an accidental disability pension.
During a legal trial, Brailsford said
he fired his rifle when Shaver reached toward his back as if he was
pulling out a handgun. Brailsford said he was terrified for the safety
of officers, and a woman, who were in the hallway.
✓ Police later determined Shaver was not armed when he was killed.
**GRAPHIC CONTENT**: The full body camera showing the moments leading up to Shaver being shot and killed can be viewed here.
The
detective investigating the shooting agreed during the trial that
Shaver's movement was similar to reaching for a pistol, but said it also
looked as though Shaver was pulling up his loose-fitting basketball
shorts that had fallen down as he crawled. The investigator noted he
didn't see anything that would have prevented officers from simply
handcuffing Shaver as he was on the floor.
A statement was released by the legal team of Sweet and Shaver's children after the settlement was reached:
"Daniel
Shaver lived, and will be remembered, as a wonderful, compassionate
husband and father. His spirit endowed and embedded light and love to
those around him throughout his much-too-short life. While on this earth
he provided security, prosperity and stability to his wife and
children. He brought a pragmatic, caring perspective to every problem he
approached, and had a good-willed nature and charm.
His
beloved widow and children miss him every hour of every day. They will
never forget Daniel’s loving legacy, nor take for granted the cherished
memories of the beautiful time they spent with him. No words can do
justice to a life unjustly cut short, and no amount of money can undo
the transgressions that cruelly removed Daniel from his family’s lives
forever.
While this settlement helps Daniel’s widow and
children with the financial stability to move forward, it does not erase
the cruelty of his killing, or the malicious campaign by the Mesa
Police Department—orchestrated and implemented by their attorneys for
over 6 years of needless, malevolent scorched-earth litigation. This
settlement does nothing to cure the blatant lack of accountability by
all involved since the night of Daniel’s death, which stands as an
irredeemable blight on the criminal justice system.
The
failure and injustice of Daniel Shaver’s killing and the resulting sham
criminal trial, which made a mockery of the notion of Justice
predictably ended in no conviction and to this day casts an ugly shadow
over this settlement. As this chapter closes, we call upon the
Department of Justice to swiftly proceed with its ongoing investigation
and announce the federal criminal charges of officers involved, and
bring justice where the state of Arizona has failed."
As part
of the settlement, the law firm said "the City of Mesa has arranged for
placement of a tree and bench honoring Daniel Shaver’s. . ."
Philip Brailsford is receiving a $2,500 a month pension from the City
of Mesa. The parents of Daniel Shaver previously settled with the city
for $1.5M, so this $8M puts the total cost of settling this case at
$9.5M.
"The City of Mesa allowed him to be temporarily re-hired to apply for
disability claiming PTSD from the incident and the subsequent trial. He
gets paid $2,569.21(which includes yearly 2% COLA adjustment) monthly
for life unless the board requests a new medical screening test that
shows he has recovered from PTSD symptoms.
He will also get a "neutral" reference if future employers call Mesa for referrals by future employers.
Mesa will also pay up to $3 Million to defend him and pay for future settlements arising from lawsuits from the incident."
Then there's Charles Langley, the Supervisor on site site during the
incident. He retired 3-months after the incident and abruptly moved to
the Philippines.
Reactions To Daniel Shaver Killing | The Verdict: Ex-Officer Not Guilty
National and international reactions and coverage worldwide from news sources are reacting:Mesa Police Department has released the full body camera video showing ex-Officer Philip “Mitch” Brailsford fatally shooting 26-year-old Daniel Shaver at an Arizona motel in January 2016. It was posted online by the attorney for Shaver’s wife, Laney Sweet, who is suing the Mesa Police Department for $75 million and had been fighting for the release of the video. Brailsford shot Shaver with a personal AR-15 rifle, which he was allowed to use, according to police reports.
WATCH: Daniel Shaver Police Shooting Video Released
Police-Involved Shooting > Body Cam Shows 'Execution' of Daniel Shaver ... Ex-Officer Found Not Guilty 12/7/2017 8:53 PM PST ** WARNING: EXTREMELY GRAPHIC IMAGES **** Police
body cam footage shows the moment a Mesa, AZ police officer gunned down
an unarmed man in a hotel hallway -- a shooting where the jury found
the officer not guilty of 2nd degree murder. The 2016 shooting happened in a hotel where police were responding to a report of someone pointing a gun out a window. Philip Brailsford
was one of the responding officers, and in this video you see and hear
the cops barking out commands to a man and woman the moment they walk
out of their room. While attempting to take Daniel Shaver
into custody ... Brailsford fired his AR-15 five times, shooting and
killing 26-year-old Shaver. Brailsford, who is no longer on the force,
was on trial for 2nd degree murder and reckless manslaughter -- until
the jury returned not guilty verdicts Thursday on both counts. Mark Geragos
represented Shaver's family and described the shooting as "an
execution, pure and simple. The justice system miserably failed Daniel
and his family." . . READ MORE > http://www.tmz.com/2017
MESA -- Police in Mesa, Arizona
released disturbing body camera video on Thursday hours after a former
officer was acquitted of a murder charge in the fatal shooting of an
unarmed man. The verdict cleared Philip Brailsford, 27, of criminal
liability in the 2016 death of Daniel Shaver, of Granbury, Texas.
U.S. gun violence sets records in first month of 2023: Gun Violence Archive
CGTN,China Global Television Network
2 - 3 minutes
A memorial at a vigil honoring the victims of a shooting at
the Star Ballroom Dance Studio in Monterey Park, California, U.S.,
January 23, 2023. /AP
A memorial at a vigil honoring the victims of a shooting at
the Star Ballroom Dance Studio in Monterey Park, California, U.S.,
January 23, 2023. /AP
The United States has suffered 44 mass shootings this year
as of January 29, the worst year on record since the Gun Violence
Archive, a website that tracks shootings in the country, began tracking
mass shootings in 2014.
Guns are deeply ingrained in the American
society and the nation's political and social debates. There were 641
mass shootings in the U.S. in 2022, the second-highest number behind the
690 in 2021, according to the same source.
A database compiled by
The Associated Press, USA Today and Northeastern University highlighted
the nation's first mass shooting last year happened on January 23. By
the same date this year, the nation had already endured six mass
shootings, leaving 39 people dead. It tracks every attack in the U.S.
that has claimed at least four lives, not including the shooter's, since
2006.
While mass killings in the U.S. grab much of the attention,
more than half of America's roughly 45,000 annual firearm deaths are
from suicide, The Associated Press reported.
Of gun killings, the
vast majority leave only one or two people dead. Many of those deaths
get no attention, beyond from the authorities and the people left
behind, the news agency said.
A 2022 poll by the University of
Chicago Harris School of Public Policy and The Associated Press-NORC
Center for Public Affairs Research shows overall, 71 percent of
Americans say gun laws should be stricter.
There have now been 3,000+ gun deaths (including the # of approximate suicides based on CDC data) so far this year in the United States – an approximate average ...
6 days ago · The nation has already set a grim record for the most mass shootings in a single January over the last decade, according to the Gun Violence ...
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