If GDP declines in those countries, can developed country GDP declines be far behind?

IMF lowers global growth forecasts, and likely that of the United Kingdom

By Ian R. Campbell —— Bio and Archives--October 9, 2012

Canadian News, Politics | Comments | Back To Full Article

Today’s Detailed Commentaries World >> Economy: IMF lowers global growth forecasts, and likely that of the United Kingdom The International Monetary Fund cut its global GDP forecast to 3.3% and 3.6% for 2012 and 2013 respectively. Reuters had reported Friday that German newspaper Handelsblatt said the International Monetary Fund would do that. Concurrently, The Telegraph reported that last week the IMF was expected to cut its growth forecast for the United Kingdom.

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