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Tag: IMF

G-20 and the Currency War

The Group of 20 finance chiefs sharpened their stance against governments trying to influence exchange rates. Two days of talks between G-20 finance ministers and central bankers ended last week with a commitment not to: “Target our exchange rates for

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IMF 2013 global economic growth forecasts

The International Monetary Fund (IMF) slightly lowered its forecast for global economic growth in 2013 to 3.5% (versus 3.6% forecast in October), and in 2014 to 4.1% (vs. 4.2% in October). The growth rate in 2012 stood at approximately 3.2%.

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Why balance of risks tends down!

All leading organizations foresee a lower than expected global growth rate in 2013. The question on everyone’s mind should be why the balance of risks tends to the downside, meaning the actual growth rates might be even lower. Several factors

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Growth forecasts for 2013

For the last review of 2012, we will present the economic growth forecasts for 2013 by leading institutions. Generally, the latest forecasts present a gloomier picture of global economy than ones from prior months do. Worldwide economic situation does not

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