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

Obama: Alaskans Feel Signs of Climate Change

Alaskans experiencing bigger storm surges as sea ice melts, more frequent and extensive wildfires, deteriorating glaciers, and swift shoreline erosion More

Katrina Brought Enduring Changes to New Orleans

The city’s recovery is the result of the people and culture the city is famous for, as well as newcomers and start-up industries More

Magical Photo Slides Show Native Americans in Late 1800s

Walter McClintock spent 20 years photographing the Blackfoot Indians and their vanishing culture at the dawn of the modern age More