My comment: GDP figures: World output: 3.9%. For major economies: US 2.7%, Eurozone 2.0%, Japan 1.7%, UK 1.3%, China 10.0%, India 7.7%, Russia 3.6%, Brazil 4.7%, Africa 4.3%, Middle East 4.5%.
Price. Commodities: Oil 22.6%. Non-fuel 5.8% CPI. Developed 1.3%. Emerging and developing 6.2% Headlines. Real activity is rebounding, supported by extraordinary policy stimulus Recovery is proceeding at varying speeds Financial conditions have improved further but remain challenging There are important risks in both directions Continued policy efforts are needed to sustain the recovery and prepare for exit (about this topic I have to add that it addresses developed economies as the rest of the world has already exited or is already exiting). http://www.imf.org/external/pubs/ft/weo/2010/update/01/index.htm#tbl1 Briefing from press conference: "The global financial system remains “fragile,” with sovereign debt posing a risk to markets and substantial losses expected from commercial real estate" "Credit markets are likely to remain impaired as banks tighten lending conditions while attempting to boost their capital."..."Restarting credit flows remains a “major challenge,” “The rise in asset prices cannot yet be considered excessive and widespread, although there are some countries and markets where pressures have increased significantly,” ... "the fund doesn’t see a “serious risk of a market bubble in China,” even though some parts of the economy “may be frothy but there certainly is no widespread asset- price bubble.” http://www.bloomberg.com/apps/news?pid=20601087&sid=aLHfViBSaRI0&pos=5 Peace and best wishes. Xi -- You received this message because you are subscribed to the Google Groups "World-thread" group. To post to this group, send email to world-thr...@googlegroups.com. To unsubscribe from this group, send email to world-thread+unsubscr...@googlegroups.com. For more options, visit this group at http://groups.google.com/group/world-thread?hl=en.
