Thursday, January 15, 2015

Lagarde: High Debt and Unemployment Threaten Global Growth

http://abcnews.go.com/Business/wireStory/lagarde-high-debt-unemployment-threaten-global-growth-28249657

Her warnings came after the IMF's sister organization, the World Bank, on Tuesday lowered its forecast for international growth. The World Bank now expects the global economy to expand 3 percent in 2015, down from a 3.4 percent estimate in June. The bank cuts its forecast because of stagnation in Europe and Japan and slower growth in China.

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