Tuesday, 22 January 2019

IMF: no-deal Brexit and Chinese slump are biggest economic risks

Escalation of Trump’s trade war with China also a threat, says World Economic Outlook

A no-deal Brexit and a sharper slowdown in China are the biggest risks to growth in the global economy in 2019, the International Monetary Fund has warned in its latest economic outlook.

Amid already falling levels of growth in Europe, China and Japan, the IMF said an escalation of the trade war between Donald Trump and Beijing over the coming months and the UK tumbling out of the EU without a deal would force further downgrades in its forecasts for growth.

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from US news | The Guardian http://bit.ly/2CybO5N

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