IMF Cuts World '05 Growth Forecast-Source
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The International Monetary Fund has cut  its forecast for global growth next year slightly amid  expectations that the U.S. and Chinese economies will not  expand as strongly as previously thought.
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The International Monetary Fund (IMF) will lower its 2005 French economic growth forecast from 2.5 percent to 2.3 percent, the financial daily Les Echos said, without quoting its sources.
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PARIS The Organization for Economic Cooperation and Development on Tuesday lowered its forecast for global economic growth next year, saying that the rise in oil prices was dampening global trade and consumer confidence.
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The International Monetary Fund says emerging economies will not be immune from a slowdown among wealthier nations.
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World growth in 2005 could be lower than the 4.3 per cent forecast by the International Monetary Fund (IMF) a month ago because of high oil prices, its deputy managing director Agustin Carstens said on Monday.
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MADRID: The world economy is at its best point for five years, although the US budget deficit and sluggish European growth pose problems, International Monetary Fund (IMF) head Rodrigo Rato was quoted yesterday as saying.
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The World Bank says China's economic boom will soften this year's expected global economic slowdown.
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The International Monetary Fund expects Bulgarian gross domestic product to grow by 5.3 percent in 2004, the organization said Thursday.
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BANGKOK Thailand&#39;s government on Monday cut its economic growth forecast to 6.5 percent this year after second-quarter expansion was less than expected because of record oil prices and an outbreak of bird flu.
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World economic growth will be higher than previously thought at 5.1% in 2006 and 4.9% in 2007, the IMF predicts.
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U.S. economic growth is expected to  slow in 2005 due to rising interest rates and high crude oil  prices, according to a forecast of participants at a Federal  Reserve Bank of Chicago conference released on Monday.
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The International Energy Agency said that higher petroleum prices would hurt economic growth around the world next year.
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LONDON (CBS.MW) -- The Organization for Economic Co-operation and Development cut its 2005 economic growth forecasts for the US, Japan and the eurozone, citing a period of sustained high oil prices.
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IMF Managing Director Rodrigo Rato sees  world economic growth of "around 4.6 percent" in 2004 and 2005,  according to an interview published in a Spanish newspaper  interview on Friday.
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The IMF warns that the global credit crunch will lower economic growth next year, with the US hardest hit.
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The global economy is set for another   year of strong growth, the International Monetary Fund said on   Thursday, but it warned that rising inflationary pressures and   a slowing U.S. economy were growing dangers.
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Thailand's economic growth forecast for 2004 was cut by half a percentage point to 6.0-6.5 percent after expansion slowed to 6.3 percent in the second quarter due to bird flu and high oil prices, officials said.