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Global economy heading for another downturn: RBI 2012-01-25 07:25:09
The global economy seems to be headed for another downturn after just three years. The recovery is likely to lose traction due to the continuing euro area debt crisis,” RBI Governor D. Subbarao said in a statement. Reserve Bank of...
Keywords: United Nations' economic department data, euro zone debt crisis, monetary policy, GDP
Read MoreGlobal Economy in 2012 may be worse: IMF Chief 2011-12-23 09:53:33
In its World Economic Outlook report, the IMF projected that global economy would grow 4 percent in 2012. As the debt crisis in the euro area worsened and decision making in major advanced economies becoming more uncertain, the world economy...
Keywords: Global Economy in 2012, Global Economy in 2012, International Monetary Fund, major advanced economies International Monetary Fund Olivier Blanchard international financial institution
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