Tuesday 9 October 2012

Breaking News 66: Voice of America: IMF Lowers Global Growth Outlook

Breaking News 66
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Voice of America: IMF Lowers Global Growth Outlook
Oct 9th 2012, 10:12

Voice of America
Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries
IMF Lowers Global Growth Outlook
Oct 9th 2012, 09:39

The International Monetary Fund is predicting further slowing in the global economy. The assessment comes in a closely-watched economic forecast released Monday, in which the Fund blames uncertainties with fiscal policies in the United States and Europe for the gloomy outlook. The IMF says there is an "alarmingly high" risk of a global slowdown with an 80 percent chance of recession in the Euro zone next year. The global economy is predicted to rise 3.3% this year and 3.6% next year. In its ...

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