With US in crisis, global economy in peril: IMF

April 9, 2008

The global economic outlook is becoming increasingly grim as the United States appears unable to escape recession from a housing meltdown whose effects are still spreading, the IMF said Wednesday. Global expansion is set to slow to 3.7 percent in 2008…

Written by Mr. O · Filed Under EU, Forcast, Germany, U.K., United States, World