Best placed?

The IMF is not optimistic: it’s cut its 2009 growth forecast for the global economy to 2.2% from the previous estimate of 3%, as this report from the Beeb just about manages to mention at the end. And, more relevantly, in this piece yesterday about the rate cut. But can you guess what nugget of information readers of the Beeb’s reports miss out on?

  • The Independent: Britain, in particular, is heading for trouble, the IMF said, predicting that the UK would suffer a more serious recession than any other developed country in the world during 2009.
  • The Times: Britain is now forecast to bear the brunt of the global slump, with its GDP plunging by 1.3 per cent in what would be the worst year for the UK since the economy shrank by 1.4 per cent in 1991.
  • The Telegraph: Britain’s economy will suffer and will see the steepest decline in G7 club of leading powers, shrinking 1.3pc as the crunch in the City of London leads to more job losses.

Regular readers won’t be surprised, though, because unfortunately this is becoming a bit of a habit at the Beeb.

They did it!

I’m going to go out on a limb and say that the result is historic. As for the BBC’s coverage, well thanks for your comments. Iain Dale was also unimpressed, and as evidence of the Beeb’s standing at home and abroad, here’s an American perspective:

The real fun network of the night was BBC America, which picked up the BBC feed being aired back in England. The coverage played like a good-natured “Idiot’s Guide to the American Election,” with references to such states as “North Hampshire.”

After all the hard work, though, it’s only right that the last word goes to the Beeb. And who better than John Simpson (a troll challenge here: can anyone make a convincing case Simpson might have voted Republican?) :

The United States has seen the biggest transformation in its standing in the world since the election of John Fitzgerald Kennedy in November 1960.

This is a country which has habitually, sometimes irritatingly, regarded itself as young and vibrant, the envy of the world. Often this is merely hype. But there are times when it is entirely true.

With Barack Obama’s victory, one of these moments has arrived

UPDATE: Iain Dale fleshes out his criticism of the Beeb’s coverage here: references to John Bolton’s outburst, “car crash TV”, and a note that this should be David Dimbleby’s last election make it well worth reading.