IMF Boss: China's Economic Outlook not all "Doom and Gloom"

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The annual meeting of the world's financial stability institution, the International Monetary Fund, is underway in Peru's capital Lima. Top of the agenda is the slowdown in China's economy and its consequences. But, as the IMF's managing director Christine Lagarde told the BBC's Michelle Fleury, the outlook for the world's second biggest economy is all "doom and gloom". The Nobel Peace Prize has been awarded to Tunisia's National Dialogue Quartet, a group which which helped the country's transition to democracy. What sparked the revolution - and indeed the whole Arab Spring - was the suicide of a young man frustrated by corruption and his inability to improve his life. The demonstrations that followed were triggered by high unemployment, food inflation and corruption. We ask how the economy has been affected by the shift to democracy. The British Film Institute is staging the London Film Festival with all the glitz and glamour that entails. But, in an era of lap-top downloads and blockbuster launches, is there a place for a movie festival? We hear from the event's director Claire Stewart. Plus we get the latest from the financial markets and take a look back over a busy week in business, dominated by the VW emissions scandal and a free trade deal for Pacific Rim countries. Picture: Christine Lagarde; Picture Credit: Reuters