Growth downgrade the i. M. F. Triggers its outlook for the World Economy of course trade tensions between the United States and its trading partners also coming up is the slow death of diesel speeding up all of a sudden of course in berlin rules on a ban in parts of the german capital. This is your Business Update on how. Glad you could join me the International Monetary fund has cut its Global Growth forecast down from almost four percent to three point seven percent it cites trade tensions and Rising Interest Rates the announcement coming at the annual meeting of the i. M. F. And World Bank Currently taking place and indonesia. The u. S. China trade war is said to make the world poorer according to the i. M. F. And the prolonged conflict could mean more shocks to the global economy. Impacts of trade policy and uncertainty are becoming evident at the macroeconomic level while
anecdotal evidence accumulates resulting harm to companies. Policy reflects politics and politics remain unset
anecdotal evidence accumulates resulting harm to companies. policy reflects politics and politics remain unsettled in several countries further risks as relations between the world s top two economies worsen other countries could get caught in the middle pakistan a key recipient of chinese infrastructure loans has called on the world s lender of last resort for a bailout a move that could instant washington if i.m.f. money is used to pay off china. the prime minister consulted all the leading economists and after consulting with everyone he decided that we should begin talks with the i.m.f. program for stabilization and recovery on the basis of which we can control the economic crisis as are already trying to go over there it s not alone in needing help argentina has taken on the biggest loan in the i.m.f.