Thursday, 10 April 2008

IMF: global economy caught between slowdown and inflation

A number of articles in The Guardian reporting the views of the IMF about the prospects for the global economy, caught between the twin perils of a sharp slowdown in activity and rising inflation.
http://www.guardian.co.uk/business/2008/apr/10/globaleconomy.globalrecession
The US mortgage crisis has spiralled into "the largest financial shock since the Great Depression" and there is a one-in-four chance that it will cause a full-blown global recession.
http://www.guardian.co.uk/business/2008/apr/10/useconomy.subprimecrisis
Graphic: Global Economic Outlook for 2009
http://image.guardian.co.uk/sys-files/Guardian/documents/2008/04/09/GlobalEconomy.pdf

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