Andrew
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| IMF: Global Economy will Grow |
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IMF predicts global economic growth
4/21/2004
The International Monetary Fund has predicting strong economic growth for the global economy this year and next.
Growth in the US is expected to hit the fastest pace in 20 years. But the forecast for a number of countries in Europe is being downgraded, as the weaker dollar boosts the competitiveness of US exports against European products.
In its latest World Economic Outlook, the IMF has significantly increased its growth outlook.
But it has warned that the positive outlook could be affected by further terrorist attacks, or a sharp increase in oil prices.
from Ireland Online
http://212.2.162.45/news/story.asp?j=101565866&p=yxy56657z&n=101566626
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