Thought for the day : The International Monetary Fund has added its voice to those of other major economic organisations warning of lower world economic growth and the dangers of another financial crisis, possibly sparked by a flood of capital out of emerging markets once interest rates in the US start to rise. In a note prepared for finance ministers and central bankers meeting in Cairns this weekend (prior to the G-20 summit in November) the IMF said global growth was weaker than its forecast last April.
Posted on: Fri, 19 Sep 2014 11:48:32 +0000
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