Mongolian Economic Growth Again Tops Global Charts | Ubpost News: "The International Monetary Fund has introduced a renewed global economic growth projection. In June they estimated the global economic growth to be 3.5 percent but Wednesday’s calculations stated 3.3 percent. Bloomberg noted that this is the lowest estimation since 2009. “The European Union stated that the reason the recession hasn’t subsided until now is due to the fact that the federal government of USA hasn’t done anything about it” states Oliver Blanchard, senior economist of International Monetary Fund.
He also noted that if USA does not increase their GDP by four percent, the global economy will not grow.
The economic growth of countries within the European Union’s is at 0.4 percent and is expected to decrease next year to 0.2 percent."
'via Blog this'
He also noted that if USA does not increase their GDP by four percent, the global economy will not grow.
The economic growth of countries within the European Union’s is at 0.4 percent and is expected to decrease next year to 0.2 percent."
'via Blog this'