Salient to Investors:

IMF says:

  • Risks of a slowdown are alarmingly high primarily because of policy uncertainty in the US and Europe.
  • Global growth will be 3.3 percent in 2012 and 3.6 percent in 2013, with a 15 percent chance of recession in the US in 2013, 25 percent in Japan, and above 80 percent in the euro area.
  • Financial market stress, government spending cuts, stubbornly high unemployment and political uncertainty continue to dampen growth in high-income countries
  • Emerging-market countries that fueled much of the recovery from the global recession, like China and India, have continued to cool off, with global trade slowing.
  • Downside risks have increased and are considerable.
  • Advanced economies, including the US and Germany, will grow 1.3 percent in 2012 versus 3 percent in 2010, and 1.5 percent in 2013.
  • Emerging economies will grow 5.3 percent in 2012 and 5.6 percent in 2013.

The World Bank said more than half a billion young people are neither working nor studying. 

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