Monday, July 16, 2012

Economy - Voice of America: IMF: Global Economic Growth Slowing

Economy - Voice of America
economy-and-business
IMF: Global Economic Growth Slowing
Jul 16th 2012, 15:36

The International Monetary Fund says global economic growth is slowing as debt problems continue in Europe, and expansion is less than expected in major emerging economies. IMF experts say the global economy will expand 3.5 percent this year and 3.9 percent in 2013, slightly lower than earlier estimates. But a report presented Monday in Washington says the economic situation could get worse if efforts to improve Europe's situation stall, or if political gridlock in Washington lead to ...

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