Dismiss Notice
You are browsing this site as a guest. It takes 2 minutes to CREATE AN ACCOUNT and less than 1 minute to LOGIN

IMF: World economy enters 'dangerous new phase'

Discussion in 'Biashara, Uchumi na Ujasiriamali' started by MaxShimba, Sep 20, 2011.

  1. MaxShimba

    MaxShimba JF-Expert Member

    #1
    Sep 20, 2011
    Joined: Apr 11, 2008
    Messages: 35,808
    Likes Received: 94
    Trophy Points: 145
    [h=3]IMF: World economy enters 'dangerous new phase'[/h]


    WASHINGTON (AP) -- The world economy has entered a "dangerous new phase," according to the chief economist of the International Monetary Fund. As a result, the international lending organization has sharply downgraded its economic outlook for the United States and Europe through the end of next year.
    The IMF expects the U.S. economy to grow just 1.5 percent this year and 1.8 percent in 2012. That's down from its June forecast of 2.5 percent in 2011 and 2.7 percent next year.


    Read more ยป
     
Loading...