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Economy
In reply to the discussion: STOCK MARKET WATCH -- Wednesday, 23 January 2013 [View all]xchrom
(108,903 posts)33. {about face} IMF: Global economic recovery 'weakening'
http://www.bbc.co.uk/news/business-21164752
The International Monetary Fund (IMF) has warned again of a weakening global economic recovery despite government efforts to stimulate growth.
The global economy is likely to grow at a slower rate than previously forecast over the next two years, the organisation said in its latest report.
It said it now expected the eurozone to remain in recession in 2013, having previously predicted growth.
The UK's growth forecasts have also been revised down.
The International Monetary Fund (IMF) has warned again of a weakening global economic recovery despite government efforts to stimulate growth.
The global economy is likely to grow at a slower rate than previously forecast over the next two years, the organisation said in its latest report.
It said it now expected the eurozone to remain in recession in 2013, having previously predicted growth.
The UK's growth forecasts have also been revised down.
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