IMF to lower growth forecast

Note: This section contains information in English only.
Source: China.org.cn
© Scanpix/AFP

The IMF announced it is going to lower the projected growth rate as difficulties in financial system triggered by the debt crisis in the euro-zone push down global economic output. The expected growth rate is 4% in 2011 being 0.3% lower than it was projected in June this year, according to IMF WEO report.

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Fri, 02 Dec 2011 07:34:51 GMT

US shares steady before jobs report

On Thursday US shares experienced mild fluctuations ahead of Friday's US jobs report.  S&P 500 Index declined 0.2% or 2.37 points to 1,244.59. The Dow Jones Industrial Average also lost 0.2% or 25.65 points to 12,020.03. Nasdaq Composite Index added 0.2% 5.86 points to 2,626.20.

Fri, 02 Dec 2011 07:37:15 GMT

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