Posts Tagged IMF

International Monetary Fund (IMF) more pessimistic about global economic

International Monetary Fund IMF again lower forecasted growth since World 0.5% to negative 1.3%. Economic picture worse make the investment return to that party is safe gold market.
Those unemployed and take home pitch sunshine through rain cover on the street Las Vegas, Nevada State. International Monetary Fund forecast unemployment in the U.S. is 8.9% this year and increased to 10.1% in 2010.

This report made yesterday, before more meetings between the U.S. and some major economies into tomorrow 24 / 4. This weekend, International Monetary Fund and World Bank will also discuss to find solutions for the global accounting. At the G20 meeting in London months before, U.S. President Barack Obama and leaders of the world’s most increase financial potential for the IMF and a number of financial institutions lending on the world, with the amount support up to 1.1 thousand billion.

Islamic months 1 / 2009, the IMF can look around more, predicts the global economy is still going on even to the modest growth of 0.5%. However, the place make new IMF declared, “impact of degradation up to the alley ngách all over the world. No doubt what more, this degradation is hidden from the worst degradation of 1930″ .

IMF forecast for the U.S. dreary than forecast them. According to International Monetary Fund, the economy the most powerful global growth will reduce to 2.8% this year. This may be the worst years of the United States since 1946.

Among the national industrial development, Japan is the biggest victim with negative GDP growth of 6.2%. Russia’s GDP draw back 6%. Number of negative growth Germany, England, Mexico and Canada in turn is 5.6%, 4.1%, 3.7% and 2.5%.

The rare bright points in the global economy lies in Asia. Percent economic growth even though China may alleviate this year but still significantly higher enviable to the rest of the world is 6.5%. India will be a 4.5% growth this year.

With the forecast of IMF, unemployment of the world will rise. Unemployment in the U.S. may be at 8.9% and quickly climb 10.1% in 2010, the IMF’s report yesterday. Picture of the other countries such as Germany, England and no light.

Economic forecasting for next year by the IMF of a little more, with positive growth of 1.9%. The private U.S. economy next year will not increase, not decrease. Countries like China, India and the recovery will continue but destruction.

With 185 member countries and is headquartered in Washington, USA, International Monetary Fund IMF role object for the world. IMF’s mission is to provide the loan and financial support for Member States are affected by global degradation. The Fund also urge world have specific action up to the banking system.

In degradation, reducing the risk that may occur. Prices go down will make the situation worse. Yesterday, IMF warns that the reduction in the level of fit can be found in the U.S. and 16 countries use them for money in Europe. Meanwhile, Japan may be the biggest victims of the reduction this year.

IMF forecast made by world gold prices gradually go up in the transaction yesterday, reaching USD 892 at 11h am hourly Hanoi and landmarks to 900 USD per ouce. Storm in economic crisis, many investors see precious metals such party is safest.

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