At the start of the year, economists and corporate leaders expressed optimism that global economic growth might not slow down as much as they had feared. Positive developments included China’s reopening, signs of resilience in Europe and falling energy prices. But a crisis in the banking sector that emerged last month has changed the calculus. The International Monetary Fund downgraded its forecasts for the global economy Tuesday, noting “the recent increase in financial market volatility.
Changing forecasts Investors are looking for additional pockets of vulnerability in the financial sector. Meanwhile, lenders may turn more conservative to preserve cash they may need to deal with an unpredictable environment. That would make it harder for businesses and households to access loans, weighing on economic output over time.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Good work biden
WHO are the IMF? WHO controls them? Is it the same people who would control us
I'm not going to give it all away for free it will have to be something most valuable to get the story or news from me but the truth is it was not Bin Laden who wanted 9-11 destroying the world trade centre n blow in the Pentagongrand walls so guess how many innocent died
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tupperware stock plunges after warning it could go out of business | CNN BusinessThe 77-year-old company planned to grow its business through multiple retail channels -- like Target -- and get its products in front of younger consumers who’ve never even heard of Tupperware parties. That has failed to work so far. surprised they lasted as long as they did after Gladware came to stores decades ago Tupperwhere? 'You still get the free sailboat though'
Source: CNN - 🏆 4. / 95 Read more »
Twitter brands BBC a 'government funded media' organization | CNN BusinessThe BBC is seeking a swift resolution after Twitter branded it as 'government funded media.' It is true BBC is British funded media organisations BBC = Bought By Conservatives Is it not? Funded by the British public through the licence fee... The fee is set by the British Government, agreed by Parliament. This means nothing, it's just a stunt from Musk on these 'independent' media outlets. Of course only the non-western media is state-affiliated.
Source: cnni - 🏆 326. / 59 Read more »
Tesla is opening a Megafactory in China | CNN BusinessThe factory will be able to produce 10,000 Megapacks — very large batteries used to store utility-scale amounts of electricity — per year. Wake up Why isn't SenTedCruz dragging Elon before committe to prevent these dealings with the Chinese government that he (we) apparently despise. So much so the GOP is actively engaged in trying to annex any lands that they may own in the US. China’s puppet Elon Musk
Source: CNN - 🏆 4. / 95 Read more »