Last Updated: Tuesday, September 06, 2011, 09:49
Oil fell more than 2 percent for a third successive day of losses on Monday, tumbling in tandem with other risk assets as European bank and debt jitters and doubts over global growth haunted traders.
Last Updated: Thursday, August 25, 2011, 15:19
Citigroup cuts its global growth forecasts for this year and next, with sharp reductions for the United States, euro zone and United Kingdom, as well as modest cuts for China and India.
Last Updated: Thursday, August 18, 2011, 19:12
Morgan Stanley slashed its global growth forecast for 2011 and 2012, saying the US and the euro zone were "dangerously close to a recession", and criticised policymakers in Washington and Europe for not acting more decisively to contain the sovereign debt crisis.
Last Updated: Wednesday, May 19, 2010, 23:09
The world`s top four emerging
markets, China, India
and Russia, will account for two-thirds of global economic
growth over the next five years, Brazilian Finance Minister
Guido Mantega said on Wednesday.
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