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View Full Version : IMF Cuts Global Growth Estimate, Says Europe Debt Woes May Worsen Outlook - Bloomberg



NewsWhore
09-20-2011, 09:40 AM
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IMF Cuts Global Growth Estimate, Says Europe Debt Woes May Worsen Outlook (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHglMLCxuA1rcm-Qz7R-dksihjfhg&url=http://www.bloomberg.com/news/2011-09-20/imf-cuts-global-growth-estimate-says-europe-debt-woes-may-worsen-outlook.html)
Bloomberg
It said that China&#39;s currency remains “substantially undervalued.” The IMF now assumes oil at $103.20 a barrel in 2011, based on the average prices of UK Brent, Dubai and West Texas Intermediate crudes, compared with $106.30 in June.

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