Saturday, December 18, 2010
IMF: U.S. and European economies is difficult if the deterioration of global economic growth reached 4.1%.
<P> International Monetary Fund (IMF) chief executive Conn 25, said if the U.S. and European banks due to subprime mortgage this year, exposing more impairments, global economic growth this year may not be able to reach an estimated 4.1% IMF .. .</ P> <P> It http://finance. Hearing, IMF executive director of Conn 25, started the trip to visit three African countries, he warned that emerging economies, although their economies to continue rapid growth this year, but .They can not dodge out of the rich countries slowed economic growth impact. .</ P> <P> IMF in January this year, global economic growth this year forecast revised down from 4.4% to 4.1%, mainly due to U.S. and European economic growth prospects dust. .Global economic growth last year was 4.9%. .</ P> <P> Conn waka are in the ancient capital of Burkina Faso, said: "People ask whether the global economic growth, there are some bad risk? Yes, of course. The main problem is, we can not ascertain .associated with the exposure of the subprime crisis is already fully completed. "</ P> <P> He pointed out that the exposure of the United States seems to have largely completed in Europe, there are many experts say some of Europe's future will be revealed, so .Now it is hard to say. .Conn also notes that insurance companies financial health concern, because the U.S. bond insurance industry risk surge in subprime mortgage debt and faced with the possible loss of billions of dollars. .</ P> <P> Conn said that if the subprime mortgage crisis, a new upsurge of economic growth is probably bad news, if not be more disclosure, more losses do not occur, the estimated economic growth rate is expected to reach .value, there may even be pleasantly surprised. .</ P>.
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