Indonesian Island and Placenext Week

week: Speaking before the fund's forthcoming annual meeting taking placenext week on the Indonesian island of Bali she said In July, we projected 3.9% global growth for 2018 and 2019, according to The Guardian. The outlook has since become less bright, as you will see from our updated forecast next week. Christine Lagarde used a speech in Washington on Monday to drop the broadest possible hint that the IMF would cut its global growth forecast when it unveils its latest health check on the world economy next week. How the IMF can manage the global economy better Read more Lagarde suggested the economic weather had started changing after the last annual meeting in Washington at the end of 2017, when much of the world was experiencing the strongest period for economic growth since the financial crisis. Growing use of trade barriers, such as higher taxes on foreign imports, has already lowered the level of imports and exports around the world, while there has been an impact on business investment and manufacturing output, she said. Although there are still bright spots from falling levels of unemployment and the proportion of the global population living in extreme poverty falling to a record low of less than 10%, she said some risks to the economy had begun to materialise. (news.financializer.com). As reported in the news.

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