Growing risk of recession

The world economy is at a greater risk of recession, according to the International Monetary Fund, than it was several months ago. The cost of government borrowing in the euro area has risen, with rates of most nations widening when measured against Germany’s. As a result of those problems, the IMF downgraded its economic projections. Read related article.

Growing risk of recession
Sources: International Monetary Fund, Bloomberg. The Washington Post. Published on January 24, 2012, 8:54 p.m.

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