Latest Breaking News On - Nicholas hopkinson - Page 9 : comparemela.com
Lot more. professor, thank you very much indeed- a new forecast from the international monetary fund predicts a one in four chance of global growth falling below 2% this year. that is tantmount to a global recession, which has only happened five times since 1970. the uk and germany are the most sluggish of the big european economies. the uk has received something of an upgrade to its growth forecast for this year and next, but still, it will be the worst performing economy in the g7 this year, shrinking by 0.3%. total economic output expected to rise to 1% next year. behind all that we can t ignore the higherfood and energy prices caused by the war in ukraine. but the imf says the decline in the long term global growth rate is part what down to the way in which the world has de globalised, with many countries unravelling supply chains and introducing new trade barriers. let s listen to what they had to say earlier. the massive tightening of monetary policy by most banks is starting t
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