USA

IMF: Growth Prospects Weaken in Emerging Asia, Pacific Economiesi
X
October 12, 2013 1:35 AM
The International Monetary Fund says global growth patterns are shifting once again. The IMF’s latest outlook shows declining prospects for the Asia and Pacific regions -- down collectively nearly 1 percent from initial forecasts earlier this year. For most countries, the impact should be partially offset by improving conditions in advanced economies. But as Mil Arcega reports, fiscal and political problems in the U.S. continue to create uncertainty worldwide.

IMF: Growth Prospects Weaken in Emerging Asia, Pacific Economies

Published October 11, 2013

The International Monetary Fund says global growth patterns are shifting once again. The IMF’s latest outlook shows declining prospects for the Asia and Pacific regions -- down collectively nearly 1 percent from initial forecasts earlier this year. For most countries, the impact should be partially offset by improving conditions in advanced economies. But as Mil Arcega reports, fiscal and political problems in the U.S. continue to create uncertainty worldwide.


You May Like

Analyst: Joint-Arab Military Force Poses Perilous Challenge

Although international forces are desperately needed to counter the threat of the Islamic State group, analysts say conflicting alliances could escalate fighting More

Asia’s Middle Class Changes Demand for Wheat Grain Exporters

Changes in tastes and diets are boon for wheat exporters such as Australia and the United States More

S. African Comedian Taking Over Popular TV Show

Mixed-race comedian Trevor Noah, who is loved for his edgy jibes about race and language, is taking the helm from Jon Stewart at The Daily Show in US More