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The International Monetary Fund cut its forecast in global economic growth this year
7/10/2015
The International Monetary Fund cut its forecast in global economic growth this year's report to take into account the impact of the slowdown that the United States experienced in recent times. The IMF said that the growth prospects for next year are still good in spite of Greece's debt crisis and turmoil in China's financial markets in recent times. The IMF said in an update to his report (World Economic Outlook) The world economy will grow by 3.3 percent this year, less than 0.2 percentage points lower than predicted in April. He added that it is expected that growth to rise to 3.8 percent next year, unchanged from the previous forecast.He attributed the International Monetary Fund prediction to reduce the rate of growth to the United States. The US economy shrank in the first quarter of the year affected the fall of heavy snow on the unusual and the rise of the dollar and imbalances in the ports of the West Coast.
The IMF said it expects the US economy to grow by 2.5 percent this year and cut US growth prediction last month from 3.1 percent in April. The Fund also said that the US economy recession spread its effects to Canada and Mexico.
The IMF said in the report, "but it is possible to discern that the weakness is expected in North America a temporary setback."
The fund kept its prediction for the recovery of growth in the euro area in spite of the approach of Greece from the brink of default on the debt and get out of the single currency bloc with its quest for a third rescue program in the final minutes.
In the case of developing countries, he said the International Monetary Fund said growth was pressured by weak commodity prices and tighter financial conditions associated with the economic balance in China and geopolitical factors.
The Chinese stock markets plunged more than 30 percent over the past month, prompting regulatory authorities to impose strict intervention to stop the landing procedure.
The IMF said that the collapse of the market predicts that China may face difficulties as they try to move from the model of economic growth investment led to a model focused on domestic consumption.
The Fund reiterated that wakes to shifts in asset prices and the volatility of financial markets may spoil predictions but is expected to subside geopolitical tensions related to Russia and the Middle East next year.
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7/10/2015
The International Monetary Fund cut its forecast in global economic growth this year's report to take into account the impact of the slowdown that the United States experienced in recent times. The IMF said that the growth prospects for next year are still good in spite of Greece's debt crisis and turmoil in China's financial markets in recent times. The IMF said in an update to his report (World Economic Outlook) The world economy will grow by 3.3 percent this year, less than 0.2 percentage points lower than predicted in April. He added that it is expected that growth to rise to 3.8 percent next year, unchanged from the previous forecast.He attributed the International Monetary Fund prediction to reduce the rate of growth to the United States. The US economy shrank in the first quarter of the year affected the fall of heavy snow on the unusual and the rise of the dollar and imbalances in the ports of the West Coast.
The IMF said it expects the US economy to grow by 2.5 percent this year and cut US growth prediction last month from 3.1 percent in April. The Fund also said that the US economy recession spread its effects to Canada and Mexico.
The IMF said in the report, "but it is possible to discern that the weakness is expected in North America a temporary setback."
The fund kept its prediction for the recovery of growth in the euro area in spite of the approach of Greece from the brink of default on the debt and get out of the single currency bloc with its quest for a third rescue program in the final minutes.
In the case of developing countries, he said the International Monetary Fund said growth was pressured by weak commodity prices and tighter financial conditions associated with the economic balance in China and geopolitical factors.
The Chinese stock markets plunged more than 30 percent over the past month, prompting regulatory authorities to impose strict intervention to stop the landing procedure.
The IMF said that the collapse of the market predicts that China may face difficulties as they try to move from the model of economic growth investment led to a model focused on domestic consumption.
The Fund reiterated that wakes to shifts in asset prices and the volatility of financial markets may spoil predictions but is expected to subside geopolitical tensions related to Russia and the Middle East next year.
[You must be registered and logged in to see this link.]
