IMF cuts global growth forecast; warns on euro zone
| Reuters
In a mid-year health check of the work
economy, the IMF also cautioned the productive capacity in a number of
emerging market economies, such as China, India and Brazil, may be lower than previously believed and future growth could disappoint.
The
IMF shaved its 2013 forecast for global economic growth to 3.9 percent
from the 4.1 percent it projected in April, trimming projections for
most advanced and emerging economies. It left its 2012 forecast
unchanged at 3.5 percent.
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