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Urgent steps to spur growth must: IMFGlobal finance officials said monetary policy alone was not enough to restore confidence in the shaky global economy as they urged countries to take other steps to reinvigorate growth and create jobs. More… |
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IMF trims global growth forecast, sees bumpy recoveryThe International Monetary Fund on Tuesday shaved projections for global economic growth for this year and next to take into account sharp government spending cuts in the US and the latest struggles of recession-stricken Europe More… |
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Emerging regions key to global growth pushGlobal growth has subsided but it should nonetheless gradually reaccelerate in the emerging regions, according to a report by Dexis Asset Management, which has an important presence in Bahrain. They benefit from lower agricultural commodit More… |
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Global IT spending growth forecast cutGlobal spending on information technology (IT) will grow more slowly than expected this year due to weaker economies and floods in Thailand, and will decline in western Europe, research firm Gartner said on Thursday. Gartner cut its forec More… |
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Global recession unlikely says top economistThe talk of impending global recession, as a result of the Euro Zone’s financial crisis, has been rubbished by a senior economist of UBS, a leading investment bank. “Global recession is the least likely outcome of the current situatio More… |
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Global growth ‘to exceed 3pc in 2010’The global economy is recovering more strongly than expected and the projected growth rate for 2010 is likely to beat the forecast 3 per cent, Dominique Strauss-Kahn, head of the International Monetary Fund, said on Wednesday. However he s More… |
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Global growth will fall to 2pc in 2009 says reportGlobal GDP growth in purchasing power parity (PPP) terms is expected to slow down to a mere 2 per cent in 2009, according to a research report. The report from the Economist Intelligent Unit (EIU), the global leader in business intelligenc More… |
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Global growth 'may be sluggish'The world's major economies are likely to grow sluggishly for the rest of this year despite easing financial market turmoil, International Monetary Fund head Dominique Strauss-Kahn has said. The IMF expects "several quarters of soft growth More… |
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Political issues 'major threat to global growth'Political pressures present the greatest medium-term threat to global growth, according to a report released today by the World Economic Forum’s Global Risk Network. While global vulnerability to a US economic downturn is a major concern, More… |
