Just wonderful - Europe
From the
Beeb:
IMF: Global economy 'in danger zone' over euro crisis
The world's economy is "deeply into the danger zone" because of risks from the eurozone, the International Monetary Fund (IMF) has said.
The IMF predicts the global economy will grow by 3.25% in 2012, down from an earlier forecast of 4%.
The growth forecast for the UK economy has been cut to 0.6% from 1.6%.
But the eurozone is set for a "mild recession" in 2012, with GDP expected to shrink by 0.5%, compared with a previous forecast of 1.1% growth.
And this little bit of cheer:
In its update to its September report, the IMF warned that the "United States and other advanced economies are susceptible to spillovers from a potential intensification of the eurozone crisis".
Fun times ahead -- was in town today picking up my zombie killah -- more information and photos in a day or two.
Posted by DaveH at January 24, 2012 5:04 PM