Economy

IMF Lowers Its Global Economic Prospectsi
X
July 10, 2013 11:49 PM
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

Missouri Town Braces for Possible Racial Unrest

Situation in Ferguson hinges on whether white police officer will be indicted for August shooting death of unarmed black teen More

Video Ukraine Marks Anniversary of 1930s Deadly Famine

President Poroshenko compares Soviet-era ‘genocide’ to current tactics of pro-Russia rebels in Ukraine's east More

S. Philippines Convictions Elusive 5 Years After Election-related Killings

Officials vowed to deliver justice as the nation marked the anniversary of the country's worst political massacre that left 58 dead, more than half media More