Global economy risks slowing to stalling speed: IMF
Tokyo
THERE is a growing danger that global economic growth will continuing slowing to "stalling speed", the International Monetary Fund warned on Tuesday in its latest World Economic Outlook (WEO), citing an array of economic and geo-political grounds for increased concern.
"Global growth continues, but at an increasingly disappointing pace that leaves the world economy more exposed to negative risks," said the IMF in the latest issue of its quarterly flagship report. Growth, it said, "has been too slow for too long".
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Vietnam tycoon appeals against US$27 billion fraud death sentence
US announces new restrictions on firearm exports
Central banks will probably only cut half as much as they hiked
US consumer sentiment falls as inflation expectations climb
HSBC wins £1.3 billion suit over Disney film finance scandal
WTO countries to reboot dispute reform negotiations