Economy

IMF Lowers Its Global Economic Prospectsi
X
July 10, 2013
The International Monetary Fund has trimmed its outlook for the global economy. In its latest quarterly report, the IMF blamed the slowdown in part on what it called “continuing growth disappointments” in developing countries and a deeper than expected recession in Europe. But as Mil Arcega reports, the Washington-based agency said conditions are likely to improve as early as next year.

IMF Lowers Its Global Economic Prospects

Published July 10, 2013

The International Monetary Fund has trimmed its outlook for the global economy. In its latest quarterly report, the IMF blamed the slowdown in part on what it called “continuing growth disappointments” in developing countries and a deeper than expected recession in Europe. But as Mil Arcega reports, the Washington-based agency said conditions are likely to improve as early as next year.


You May Like

Multimedia Relatives of South Korean Ferry Victims Fire at Authorities

46 people are confirmed dead, but some 250 remain trapped inside sunken ferry More

War Legacy Haunts Vietnam, US Relations

$84 million project aims to clean up soil contaminated by Agent Orange More

Wikipedia Proves Useful for Tracking Flu

Technique gave better results than Center for Disease Control (CDC) and Google’s Flu Trends More