IMF cuts global economic growth forecast
By The Week Staff | July 16, 2012
A
ccording to the International Monetary Fund's latest forecast, the global economy will grow more slowly over the next two years. The IMF cut its forecast for global growth down to 3.9 percent in 2013, from 4.1 percent three months ago. Europe's financial crisis and a potential budget crisis looming in the U.S. could slow world growth even further, the IMF warned, adding that the world economy is likely to expand just 3.5 percent this year, down from the 3.6 percent estimated in April.
MOST READ
MOST SHARED
- WATCH: Jon Stewart and Bill O'Reilly spar over the Obama scandals
- Could the Cleveland kidnapping victims have been rescued sooner?
- How the White House's war on media backfired
- 10 things you need to know today: May 23, 2013
- WATCH: Suspect defends brutal beheading of London man in broad daylight
- A linguistic dissection of 7 annoying teenage sounds
- Sadly, you are uglier than you think
- Is Greek yogurt hurting the environment?
- 7 grammar rules you really should pay attention to
- 7 horrifying details from the Cleveland abduction police report
- The politics behind Kanye West's 'New Slaves'
- Are we on the cusp of a solar energy boom?
- Why Oklahoma Sen. Tom Coburn doesn't want tornado relief money
- WATCH: Jon Stewart hates everyone in Washington now
- LIVE UPDATES: Massive tornado tears through Oklahoma City area
- Angry at the government? 5 ways you can fight back
- 7 purported health benefits of drinking coffee
- What is a quantum computer — and why does Google need one?
- Why NASA is funding a 3D pizza printer
- The cool backstory of the Slurpee
|
||
|
|
||
|
|
||
|
|
||
|
|
||
