The World Bank published its Global Economic Prospects report for 2020 yesterday and almost everyone is growing—except Argentina, Iran, and much poorer countries
Share to linkedin... [+]The World Bank published its Global Economic Prospects report for 2020 on Wednesday and almost everyone is growing; everyone that is except Argentina, Iran and much poorer countries like Haiti.
One takeaway from the annual report is that everyone is growing and there is no recession in sight for at least the next two years, despite the constant hemming and hawing about it in some segments of the financial media. Growth has decelerated more than previously expected due to cooling domestic demand and heightened trade tensions. Trade policy uncertainty and higher tariffs on weighed on corporate investor sentiment for most of 2019. Industrial production growth has reached multiyear lows and trade flows have weakened substantially, theThe next three years of Brazil president Jair Bolsonaro should be good, economically speaking at least. His country’s GDP growth rate will actually beat the U.S.
Key risks to India’s outlook include a sharper-than-expected slowdown in their trading partners, a re-escalation of regional geopolitical tensions with Pakistan, and a setback in fixing state banks that lent too much money to high life, big spending executives like formerMeanwhile, the U.S. is slowing, but growing.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
10 Country Artists to Watch in 2020Here's our list of 10 rising country artists you should definitely keep an eye on in 2020, featuring haileywhitters, aubriesellers, willandhismusic & more:
Leer más »
Say hello to Impossible Pork, the next generation of fake meatImpossible Foods, the company behind the Impossible Burger and one of the leaders in the rapidly growing 'fake meat' industry, announces its next product: Impossible Pork.
Leer más »
These are the 5 big gardening trends for 2020, according to the RHSThe RHS reveal gardening trends for 2020 including large houseplants, sustainable gardening, attracting wildlife and growing your own.
Leer más »
Sarah Hyland, Ariel Winter Talk Getting Body-Shamed & Growing Up on TVSarah Hyland, Ariel Winter and Nolan Gould appeared on a Modern Family panel at the 2020 Television Critics Association winter press tour and talked growing up on the show.
Leer más »
China's Vice Premier Liu to sign U.S. trade deal in Washington next weekChina's Vice Premier Liu He, head of the country's negotiation team in...
Leer más »
Iraq and Iran raise the stakes after the killing of Qassem SuleimaniIran has taken a step that could prove more troubling than Iraq’s
Leer más »