According 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.
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- Why Pakistan won't hunt down the terrorists within its borders
- 43 TV shows to watch in 2014
- Pope Francis' American problem
- Sorry, GOP, tax cuts don't pay for themselves
- How to be the most productive person in your office — and still get home by 5:30 p.m.
- What would a U.S.-Russia war look like?
- Are there dogs in heaven? Let's hope not.
- How academia's liberal bias is killing social science
- Alien conspiracy theorists think the government is on the verge of spilling big secrets
- 10 things you need to know today: December 19, 2014
Subscribe to the Week