IMF ups global growth forecast to near 4% for 2010

World growth will bounce back from negative territory in 2009 to a forecast 3.9% this year and 4.3% in 2011, the IMF forecasts. This represents an upward revision of 0.75% from its October 2009 prediction. The optimistic analysis follows the news UK GDP rose in Q4 2009 by 0.1% to nudge Britain out of recession. However, the IMF cautions the recovery is happening at different speeds around the world. Emerging markets, led by Asia, are showing a relatively vigorous upturn, but advanced economies remain sluggish and dependent on government stimulus measures, says the IMF. Olivie...