MANAMA: There is a clear and present danger of the world economy coming to a near standstill this year, warns the United Nations... The major uncertainty for this year now emanates from the US economy.
The pessimistic scenario triggered by a much deeper crisis in the US housing and mortgage markets and a hard landing of the dollar would project an outright recession in the US and a deceleration of world economic growth to 1.6 per cent this year, says the report
Full report: http://www.gulf-daily-news.com/Story.asp?Article=205151&Sn=BUSI&IssueID=30295
‘Nuclear war, extreme weather top list of 2018 threats in global survey’ - Minuteman launching from Vandenberg AFB, California COGwriter The World Economic Forum is in the news for results of a global survey: Nuclear war, extreme ...
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