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Montevideo, June 14th 2024 - 02:42 UTC



World bank slashes 2016 global economy growth forecast; points to disappointing “China and Brazil”

Thursday, January 7th 2016 - 08:46 UTC
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World Bank slashed its growth forecast for the global economy in 2016, citing “disappointing” growth in major emerging market economies like China and Brazil. The bank has cut its previous June forecast for global economic expansion in 2016 by 0.4 percentage point to 2.9%, though that is still faster than 2015's sluggish 2.4%, which itself missed an earlier prediction. Read full article


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  • ChrisR

    Brazil and China fucked up?

    Who'd have thunk it!

    Everybody with half-a-brain who reads the financial press!

    Jan 07th, 2016 - 07:04 pm - Link - Report abuse 0

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