A row has broken out between Europe, the US, Japan and the International Monetary Fund over the depth...
A row has broken out between Europe, the US, Japan and the International Monetary Fund over the depths of the ongoing global slowdown after a report yesterday by the organisation claimed growth next year would be far lower than previous national government estimates. The Times notes that the report drew immediate condemnation, but the IMF is sticking to its guns, claiming the so-called bounce called for the latter part of next year will hardly take place - if at all. "The IMF said that America was set for growth of just 0.7 per cent next year, down from the 2.2 per cent forecast on...
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