News Stories Related To: World Bank Warns on Emerging GDP
Source: Asian Wall Street Journal
Developing countries' net private capital inflows fell 41% last year and will be cut nearly in half this year, the World Bank said in a report that offers little hope that the countries...
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READ MORE: European Central Bank, Jean-Claude Trichet, borrowed billions, economic crisis, World Bank Warns, France, president jean, bank president, global economies
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- News Source: EU Observer | 5 months agoThe announcement highlights the heavy toll being extracted on public finances by the government's stimulus plan and falling tax receipts, with the latest figure a considerable increase on a previous March forecast for a 5.6 percent deficit this year.
- News Source: New Zealand Infotech Weekly | 5 months agoSentiment at big Japanese manufacturing firms improved in the three months to June, but the World Bank said prospects for the global economy remain "unusually uncertain" as it cut 2009 growth forecasts for most economies. Governments around the world...
- News Source: Asian Wall Street Journal | 5 months agoDeveloping countries' net private capital inflows fell 41% last year and will be cut nearly in half this year, the World Bank said in a report that offers little hope that the countries will provide the spark for the global economic engine. Meanwhile,...
- News Source: Guardian Unlimited | 5 months agoEuropean Central Bank president Jean-Claude Trichet warned today that governments that have borrowed billions to fight the economic crisis had no room for more debt and would have to start bringing down budget deficits. Trichet said the large...
- News Source: Uinta County News | 5 months agoBudget consolidation should start “as soon as 2010,” provided the “base scenario” of a return to growth is intact, Trichet said in an interview with France’s Europe 1 radio in Paris today. Cutting deficits “progressively toward balance”...
- News Source: Androscoggin News | 5 months agoThere is no room for governments that have borrowed billions to fight the economic crisis to accumulate more debt, European Central Bank President Jean-Claude Trichet said on Sunday. "There is a moment where you can't spend anymore and you can't...
- News Source: The Boston Globe | 5 months agoEurope's central bank chief on Sunday cautioned against any new government stimulus plans and predicted the global economy will pick up in 2010. "We are seeing at this moment a slowdown in the drop in activity," Jean-Claude Trichet said on France's...
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