“Growth in spending on machinery and investment by the world’s 2,000 biggest companies has begun to contract for the first time since the Lehman crisis, led by sharp falls in China and a near collapse in Latin America. Company spending plans are watched as an early warning gauge for the economy. The drastic falls in large parts of the world doom hopes for strong recovery later this year, and even point to a recession risk.The International Monetary Fund has cut its global forecast for this year to 3.1pc, sharply downgrading Russia, Brazil, South Africa, India and Mexico, as well as Italy and Germany.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Indians urged to recycle stashed gold
Reality Check: RNC Pulling Out All Stops To Keep Ron Paul's Name Out Of Nomination
Reagan’s Personal Spying Machine
Contagion Spreads in Emerging Markets as Crises Grow
Meet the scientists affected by Trump’s immigration ban
With Billions at Stake, the Search For Asbestos Clients Intensifies on TV, Web
Woman blames husband for Obama win, runs him over with car
Bill Gross: Central bank 'casinos' to run out of luck
North Korea's No. 2 official visits South for rare talks at Asian Games
U.S. tax deal jeopardizes Canadians’ privacy
Facial Scanning Is Making Gains in Surveillance
UN orders its inspectors out of Syria over fears of U.S. air strike
The powerful countries that are buying up much of the world’s land
FDA, FBI Raid Tulsa Cancer Clinic
Bitcoin Scandal Reflects Popularity of Virtual Currency in China