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IMF warns of stagnation threat to G7 economies
worldtraveller
Posts: 14,013 Forumite
The International Monetary Fund is warning that the weak recovery in the west risks turning into near stagnation after cutting its global economic growth forecast for the fourth successive year.
In its half-yearly update on the health of the world economy, the Washington-based fund predicted expansion of 3.1% in 2015, 0.2 points lower than it was expecting three months ago and the weakest performance since the trough of the downturn in 2009.
The Guardian
In its half-yearly update on the health of the world economy, the Washington-based fund predicted expansion of 3.1% in 2015, 0.2 points lower than it was expecting three months ago and the weakest performance since the trough of the downturn in 2009.
The Guardian
There is a pleasure in the pathless woods, There is a rapture on the lonely shore, There is society, where none intrudes, By the deep sea, and music in its roar: I love not man the less, but Nature more...
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Comments
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lets hope this is a continuation of their run of wrong forecasts0
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The example of Japan has been mooted for a very long time.0
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More QE and rampant house price inflation it is then.Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.0
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