IMF says world at risk of 'economic derailment'
"We are clearly at a delicate juncture," he said in a speech to the National Association for Business Economics in Washington on Tuesday. "The IMF's latest reading of the global economy shows once again a weakening baseline," he warned. The comments ...
Citi's Willem Buiter has called it: we're about to go into 'global recession'
Citi's global chief economist, Willem Buiter, published a note to investors saying he believed it was "likely" that the world was about to sink into a global recession, and it may already be in that recession. Buiter said that if China's growth is ...