slowdown in advanced economies now spreading to major emerging markets such as China, India and Brazil, said the International Monetary Finance managing director. Mr Dominique Strauss-Kahn said the IMF has significantly adjust downward its forecast for world growth for 2009 when the 185-member international institution released a revised assessment of the global economy on January…
WORLD: IMF warns of social unrest and “deepening crisis” facing global economy
Posted on February 1, 2009 by EnergyAsia