Wednesday 16 April 2014
 
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Global growth

$2 trillion global growth ‘possible despite threats’

Finance officials from the world's major economies believe an ambitious goal to boost global growth by $2 trillion in the next five years is within reach despite a variety of threats, including rising tensions over Russia's actions in Uk

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Investors confident in global growth despite China doubts

Global investors remain confident in the outlook for economic growth despite their sharp loss of faith in China, according to the Bank of America Merrill Lynch Fund Manager Survey for July. A net 52 per cent of respondents now exp

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IMF cuts global growth forecast to 3.1pc

The International Monetary Fund trimmed its global growth forecast on Tuesday for the fifth time since early last year due to a slowdown in emerging economies and the woes in recession-struck Europe.   In its mid

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Urgent steps to spur growth must: IMF

  Global finance officials said monetary policy alone was not enough to restore confidence in the shaky global economy as they urged countries to take other steps to reinvigorate growth and create jobs.  

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IMF trims global growth forecast, sees bumpy recovery

  The International Monetary Fund on Tuesday shaved projections for global economic growth for this year and next to take into account sharp government spending cuts in the US and the latest struggles of recession-stricken Europe

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Emerging regions key to global growth push

Global growth has subsided but it should nonetheless gradually reaccelerate in the emerging regions, according to a report by Dexis Asset Management, which has an important presence in Bahrain. They benefit from lower agricultural commodit

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Global IT spending growth forecast cut

Global spending on information technology (IT) will grow more slowly than expected this year due to weaker economies and floods in Thailand, and will decline in western Europe, research firm Gartner said on Thursday. Gartner cut its forec

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Global recession unlikely says top economist

The talk of impending global recession, as a result of the Euro Zone’s financial crisis, has been rubbished by a senior economist of UBS, a leading investment bank. “Global recession is the least likely outcome of the current situatio

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Global growth ‘to exceed 3pc in 2010’

The global economy is recovering more strongly than expected and the projected growth rate for 2010 is likely to beat the forecast 3 per cent, Dominique Strauss-Kahn, head of the International Monetary Fund, said on Wednesday. However he s

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Global growth will fall to 2pc in 2009 says report

Global GDP growth in purchasing power parity (PPP) terms is expected to slow down to a mere 2 per cent in 2009, according to a research report. The report from the Economist Intelligent Unit (EIU), the global leader in business intelligenc

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