International Monetary Fund downgrades outlook for world economy to 3.7% growth
10 Octobre, 2018, 15:53 | Auteur: Auguste Feret
It left 2018 growth forecasts for the two countries unchanged at 2.9% for the United States and 6.6% for China. It said the dispute between the US and China would especially leave developing economies vulnerable to sudden stresses.
The WEO report also included 2023 projections: 6.9 percent GDP growth for the Philippines, and three percent for its inflation. South Africa, only 0.8 percent this year. Angola, contracting by 0.1 percent this year. So the aggregate - over three percent this year, close to four percent next year - is despite the largest economies in the continent doing poorly.
With much of the U.S.
Business ReporterThe International Monetary Fund yesterday raised its 2018 Zimbabwe economic growth forecast to 3,6 percent from 2,4 percent it projected in April this year.
It also said inflation in India is on the rise, estimated at 3.6 per cent in fiscal year 2017/18 and projected at 4.7 per cent in fiscal year 2018/19, compared with 4.5 per cent in fiscal year 2016/17, amid accelerating demand and rising fuel prices.
Obstfeld said the International Monetary Fund does not see a generalized pullback from emerging markets, nor contagion that will spill over to those emerging economies which have stronger economies and have thus far avoided major outflows, such as some in Asia and some oil and metals exporting countries. It estimates global output could fall by more than 0.8 per cent in 2020 and remain 0.4 per cent below its trend line over the long term, in a scenario where US President Trump follows through on all his threats, including global duties on cars.
If the trade war continues, it could take a significant bite out of global growth, according to the fund. "Several of the downside risks highlighted in the April 2018 World Economic Outlook (WEO) ... have become more pronounced or have partially materialized".
Epidemiologist warned someone not to do a flu shot
ESR scientists said July was normally when flu infections peak but this year they peaked in September. Each flu vaccine available protects you against three strains of the virus or protects against four.
Le Canada et le Québec lâchent Michaëlle Jean — Francophonie
Un séjour de 50 000 $ de Mme Jean au luxueux hôtel Waldorf Astoria à New York a aussi fait beaucoup sourciller ses détracteurs. L'histoire a plutôt nui à la réputation de Michaëlle Jean au Canada plutôt qu'à l'international", suggère-t-il.
Rajiv Raipancholia, CEO, Orient Exchange, expects rupee to drop further to 136 against the U.S. dollar, or 37 against the dirham in coming days.
"Thus, policy makers still have an excellent opportunity to build resilience and implement growth-enhancing reforms".
But citing external factors - "the recent increase in oil prices and the tightening of global financial conditions" - it cut India's growth projection made in July for next year by 0.1 per cent to 7.4 per cent, which would still be the world's fastest growth rate for major economies.
The IMF has also revised down its forecast for Indonesia's growth. "These concerns raise the urgency for policymakers to act". "This blurriness reflects the very large number of public units and corporations, the complex layers of government, and widespread subnational off-budget borrowing", he said.
The report says that outflows could hit $US100 billion over a year, about 0.6 percent of emerging market economies' gross national income. "And in Africa, South Africa", the director said. "Global financial conditions are expected to tighten as monetary policy normalizes; the trade measures implemented since April will weigh on activity in 2019 and beyond; U.S. fiscal policy will subtract momentum starting in 2020; and China will slow, reflecting weaker credit growth and rising trade barriers", the report said.
The American economy has been performing strongly, encouraging worldwide investors to move capital there and invest in the dollar.
The Astros offense can score runs in bunches and had just tied the game in the previous half-inning on a George Springer homer. Francona has been on both sides of postseason deficits. "As long as you're still breathing, you're still breathing", he said.
Kremlin-controlled state television featured a host of industry representatives and commentators angrily slamming the attack. FC Zenit said Kokorin, 27, would be disciplined pending the outcome of the police investigation.
He said global inspectors would be allowed into the country to inspect a nuclear test site that Pyongyang has said it dismantled. The US president said earlier "incredible" progress had been made in bilateral talks with the isolated North Asian country.
Local 4 sources are reporting both Mario Impemba and Rod Allen will not return to call games for Fox Sports Detroit. They had been calling games together on Fox Sports Detroit for almost 17 seasons before the incident.
Au cas où il serait vendu un jour aux enchères... " Le besoin de détruire est aussi un besoin créatif ". Il est probable que la déchiqueteuse ait été déclenchée à distance par un acolyte, ou Banksy lui-même.
With three points, No. 7 Sweden sits three points behind the US after splitting with third-seeded Japan on Friday. Wie and Korda walked off the course after the 12th, 1-down against Japanese pair Nasa Hataoka and Ayako Uehara.
La Pixel Slate sera disponible dans quelques jours aux US à partir de 500$, et pourrait arriver en France début 2019. Hélas, la firme de Mountain View ne semble pas vouloir la vendre dans nos contrées.
Mexico serial murder couple claim 20 killings
The BBC notes that Mexico state, where Ecatepec is located, accounts for the highest number of disappeared women in the country. Police placed the couple under surveillance after phone records showed they had contacts with three missing women.
The American Music Awards 2018
While accepting the award for artist of the year , Swift once again urged fans to vote during the upcoming midterm elections. The American Music Awards isn't the only award X has received recently either. - The midterm elections of Nov 6.
Incident involving Twins' Sano under investigation in DR
According to multiple reports, Miguel Sano has been involved in "traffic incident" in his home country of the Dominican Republic. Hopefully for Twins fans, nothing comes of this incident and Sano is back and ready to play for the 2019 season.
Google, Xiaomi announce Mi Box S Android TV streaming box
Packed into Xiaomi's new set-top box is a quad-core Cortex-A53 processor paired with a Mali-450 GPU and 2GB of RAM. The Mi Box S is available for pre-order starting today for $60 and will begin shipping to customers on October 19.