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IMF: Europe and US face weak growth

first_img Read This NextNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof Tags: NULL whatsapp ECONOMIC growth will likely remain weak both in Europe and the United States, despite recent strong growth figures in Europe, and Germany in particular, IMF chief economist Olivier Blanchard said in remarks published yesterday.A US slowdown would have an automatic impact on growth in Asia in the short term but “decoupling” between emerging market and rich economies is possible in the medium term as Asian and Latin American countries shift to a greater degree of internal demand, Blanchard told French daily Le Figaro.“If the American economy slows, that would have an impact on Asia automatically, not an enormous one but significant nonetheless,” the newspaper quoted Blanchard as having said.He also said Eurozone governments should produce credible plans to reduce deficits over the medium term and that financial markets would be reassured more by the content of theplans than precise end-dates.“Whether it’s 2013 or 2014 is not important,” he said.Asked if the G20 group of economic powers should broach thequestion of undervalued currencies, Blanchard said yesterday that an appreciation of the yuan was one but only one part of the shift towards a greater level of internal demand in China over time. Monday 6 September 2010 8:13 pm Sharecenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To whatsapp KCS-content IMF: Europe and US face weak growth Show Comments ▼last_img

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