Global Economy on Course for Weakest Growth Since Crisis
IMF lowers estimate for 2019 to 3% as international trade slows to nearly a standstill/ WASHINGTON—The global economy in 2019 is on course for its weakest year of growth since the financial crisis, weighed down by tensions that have slowed international trade to nearly a standstill. Global growth is expected to slow to 3% this year, according to new estimates from the International Monetary Fund, down from an estimate of 3.2% in July. As recently as 2017, the global economy was growing at a 3.8% pace. The IMF attributed the sharp slowdown ...
Click
To Read Full Article