IMF cuts growth outlook, warns of global recession
Emerging markets are in their fifth year of decline and are expanding at the rate of six years ago.
Nevil Gibson
Wed, 07 Oct 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
The guardian of the world’s financial system is warning of global recession.
The International Monetary Fund has again downgraded its growth outlook – from 3.3% to 3.1% and compared with 3.4% last year.
It says China’s deceleration and the subsequent plummet in commodity prices has revealed a
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Nevil Gibson
Wed, 07 Oct 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
