Growth inAsiaduring the first half of this year has slowed to its lowest rate since the start of the global financial crisis, and only a modest and gradual pick up is expected next year, the IMF said. And, the International Monetary Fund offered a mixed outlook for theMiddle Eastregion. IMF
International Monetary Fund Managing Director Christine Lagarde called on Friday for greater global cooperation to put the world on a strong path to recovery and build on the huge demographic and technological changes taking place that are driving a shift in global economic power. IMF
The International Monetary Fund (IMF) presented a gloomier picture of the global economy than a few months ago, saying prospects have deteriorated further and risks increased. Overall, the IMF's forecast for global growth was marked down to 3.3 percent this year and a still sluggish 3.6 percent in 2013. IMF