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BBC NEWS | Business | IMF slashes world growth forecast

In its latest economic forecast, the IMF says that world economic growth will slow to 3.7% in 2008 and 2009, 1.25% lower than growth in 2007.

The downturn will be led by the US, which the IMF believes will go into a "mild recession" this year.

They are also predicting the US economy stagnating till at least 2009

Any idiot can face a crisis - it's day to day living that wears you out.

by ceebs (ceebs (at) eurotrib (dot) com) on Wed Apr 9th, 2008 at 09:07:14 AM EST

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