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

Multimedia Anti-Keystone XL Protests Continue

Demonstrators are worried about pipeline's effect on climate change, their traditional way of life, health and safety More

Thailand's Political Power Struggle Continues

Court gave Prime Minister Yingluck Shinawatra until May 2 to prepare her defense over abuse of power charges but uncertainty remains over election timing More

Malaysia Plane Search Tests Limits of Ocean Mapping Technology

Expert tells VOA existing equipment’s maximum operating depth is around 6 kilometers as operation continues on ocean bed for any trace of MH370 More