IMF Marks Down Global Growth Forecast, Sees Risk on Rise
World Economic Outlook Update – Global Recovery Stalls, Downside Risks Intensify, January 24, 2012 “The global recovery is threatened by intensifying strains in the euro area and fragilities elsewhere. Financial conditions have deteriorated, growth prospects have dimmed, and downside risks have escalated. Global output is projected to expand by 3¼ percent in 2012 a …