GDP growth in 2011 to be slower than thought, says IMF

[Elmore Furth]

Source: BBC

6 October 2010 Last updated at 11:16 ET

The report highlights vast differences in growth between advanced and developing economies The global economy will grow slightly more slowly than previously expected next year, the International Monetary Fund (IMF) has said.

It predicted GDP would increase by 4.2% in 2011, down from an earlier forecast of 4.3%.

And while economic recovery was likely to continue, it warned that risks were high.

There are worries that as governments try to reduce their debt burdens and cut spending, growth may suffer


Read more: http://www.bbc.co.uk/news/business-11482589

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It's always darkest just before it goes totally black.

[Skink]

1. the world is out of bubbles.

[Po_d Mainiac]

3. Nah..I heard that tulips are staging a comeback

[No Elephants]

4. LOL! I'ld better look for my klompen! Those tulip beds are murder on leather.

[DesertDiamond]

2. During the Reaganomics years the GNP was constantly touted. While the homeless roamed the streets.

[No Elephants]

5. Homeless are still roaming the streets.

[No Elephants]

6. Studies show that people believe the first version of a story even more after a correction.