Sharply higher interest rates around the world could combine with weaker growth in emerging markets to slice as much as two percentage points off global growth in the next five years, the International Monetary Fund said on Tuesday. Read full article
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Disclaimer & comment rulesAs a potential saver, interest rates going up would be a great thing.
Jul 30th, 2014 - 07:35 am - Link - Report abuse 0So Russia is sabotaging the world economy.
Jul 30th, 2014 - 07:50 am - Link - Report abuse 0And Venezuela is a key emerging market? WTF. Key to what? Chinese oil consumption.
If Venezuela's next door neighbour, Colombia, is booming and growing 4-6% each year then Venezuela's crappy economy doesn't affect anyone but those poor Venezuelans who can't escape.
DON'T PANIC, DON'T PANIC!
Jul 30th, 2014 - 10:58 am - Link - Report abuse 0http://www.youtube.com/watch?v=ZR6wok7g7do
It's only the IMF getting their oar in.
Wrong again though. Venezuela an emerging market. What IS this woman on?
South America has a duty to strengthen our trade with Russia in local currency at that time the mob of Western powers trying to destabilize emerging economies.
Jul 30th, 2014 - 01:21 pm - Link - Report abuse 0It is necessary for South America, along with the BRICS, launch economic and financial sanctions against Europe and North America.
Restrict the movement of Western citizens for our territory, excluding Western capital bidding companies in our public sector, prohibiting the importation of non-strategic products, freeze cooperation agreements, these are some steps we should take immediately in order to support our Russian allies.
Long live Russia!
https://www.youtube.com/watch?v=FQFaAAkUyE4
@4 No one cares what you say, you have no brains and credibility
Jul 30th, 2014 - 03:16 pm - Link - Report abuse 0#4 Brassie South American Dictorial Socialism is dead......go back to kicking your Brazilian Soccer balls around.
Jul 30th, 2014 - 03:26 pm - Link - Report abuse 0#4 Your suggestion to impose sactions on US and Europe is ludicrous. You wouldnt even have an internet and be able to post your sour grape laden drivel on here. If you cant join in an adult discussion dont post anything at all.
Jul 30th, 2014 - 04:53 pm - Link - Report abuse 0As for Russia, I hope Brasil never joins the pariahs club, its the path to poverty.
@6
Jul 30th, 2014 - 04:56 pm - Link - Report abuse 0Might be better to kick Brasileiro in the balls might make him see sense, Nah probably not.
@ 8 golfcronie
Jul 30th, 2014 - 05:21 pm - Link - Report abuse 0What balls?
The empty one between his ears? :o)
Whats up with that old bag's fake tan? She looks like a dried out old tea bag.
Jul 30th, 2014 - 11:23 pm - Link - Report abuse 0Apologies for being a bit off topic here.
Jul 31st, 2014 - 06:12 am - Link - Report abuse 0The IMF will often give misleading information. It is shrouded in a lot of truthfulness though to hide.
The BRICS nations are trying to move into the IMF territory with a new world bank type institute. It has either been planned or organised by very powerful banking families, or is in direct competition.
Either way we're royally screwed when the bombs are dropped. BRICS are playing with fire, and their is a status quo that shouldn't be tested for fear of ultimate retribution.
Not a chance really that the IMF will be disposed as the international lender to nations, unless they planned it.
So for the IMF to say Venezuela is an emerging market, I take that as soon there will be a coup and a western backed government put in place and then there will be some good growth in Venezuela.
Dogs bark and the caravan passes.
Jul 31st, 2014 - 09:37 am - Link - Report abuse 0Commenting for this story is now closed.
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