RSS Feed
July 6th, 2012 
FAKE NEWS for the Zionist agenda On Friday Lagarde, expressed her deep concerns over a deterioration in the global economy and stated that the global economic outlook has become worrying as developed nations as well as the emerging ones show signs of economic slowing down.
In a speech in the Japanese capital city of Tokyo the IMF’s managing director said “In the last few months, the global outlook has been more worrying for Europe, the United States and large emerging markets.”
Her comments come as the global markets wait for a US jobs report for the month of June which will provide the latest data on the health the US’ economy, which has been struggling with deep economic problems for years and has lost its momentum.
Stating that “the IMF’s forecasts are likely to be lower than our (IMF’s) previous forecasts” Largarde added that the fund has decided to lower some of its previous forecasts as the current financial figures of the leading world economies have deteriorated in recent months.
The comments come as the International Monetary Fund is set to publish a new update to its ‘World Economic Outlook’ report, on July 16th.
Lagarde also called on the EU-bloc leaders to show more fiscal cooperation to tackle the raging crisis.
Earlier, in a bid to tackle the worsening global financial crisis, the European Central Bank (ECB), the Bank of England as well as the Central Bank of China, known as the People’s Bank of China (PBC), eased their monetary policies.
The move, however, is considered by some experts, as an alarm over the health of the world economy.
The United States, the European Union and many other western countries have experienced severe financial crisis for roughly 5 years; resulting in harsh austerity measures and widespread poverty and a sharp growing of the joblessness rate among average citizens who have suffered the most from the financial collapse.
MY/JR
Related posts:
Views: 0
Posted in 
Tags: 
