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 discusses his latest Editor's Insight on NBR Radio and on demand on MyNBR Radio.
Nevil Gibson Wed, 07 Oct 2015
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
