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IMF downgrades UK and US growth forecasts
bbc.com ^ | July 24, 2017 | BBC

Posted on 07/24/2017 11:42:03 PM PDT by Berlin_Freeper

The UK and US economies will expand more slowly in 2017 than previously predicted, according to the International Monetary Fund (IMF).

It said "weaker-than-expected activity" in the first three months of the year meant the UK would grow by 1.7%, compared with an earlier 2% forecast.

The IMF also revised down its US growth forecast from 2.3% to 2.1%. However, its overall global economic predictions - of 3.5% growth in 2017 and 3.6% in 2018 - remain unchanged.

(Excerpt) Read more at bbc.com ...


TOPICS: Business/Economy
KEYWORDS:

1 posted on 07/24/2017 11:42:03 PM PDT by Berlin_Freeper
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To: Berlin_Freeper

Close them down.


2 posted on 07/24/2017 11:47:10 PM PDT by mindburglar (I'm sorry, can you spell that?)
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To: Berlin_Freeper

Well of course... with the EU printing money and playing an economic war with UK and the US along with fomenting civil war in both countries - it’s an obvious statement.

But ya gotta love how they predicted substantial growth that never came during the Obama years...


3 posted on 07/25/2017 12:02:56 AM PDT by Skywise
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To: Skywise

Even without tax reform, I think the economic effects of Trump’s deregulation via executive action is going to result in substantial growth way beyond what they or anyone else is predicting, particularly in the energy sector.

By mid 2018 this will be the main issue in the 2018 elections, resulting in GOP gains in the House, Senate and in state legislatures and governorships. The Dems of course will be trying to credit Obama for this, but with energy leading the way it’ll be obvious that it’s a Trump effect, and then all the mealy mount nonsense that’s being talked about now won’t matter a bit, and anything undone on Trumps agenda in 2018 will be fastracked starting on 2019 after another GOP wave election.


4 posted on 07/25/2017 12:40:36 AM PDT by zencycler
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To: zencycler

Typo - mealy mouth, not mount ... oops


5 posted on 07/25/2017 12:42:14 AM PDT by zencycler
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To: Berlin_Freeper

Just another lying attack by the globalists.

They fear US. For good reason. Trump is going to take them down. But he needs our support.


6 posted on 07/25/2017 1:06:33 AM PDT by KyCats
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To: Berlin_Freeper

Hey, that’s great! Clearly the IMF will be asking for less money as a consequence, right?


7 posted on 07/25/2017 1:10:05 AM PDT by Billthedrill
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To: mindburglar; Berlin_Freeper
Close them down.
Berlin_Freeper and other pro EU, anti-Trump, anti-American globalists worship at the alter of open borders, globalist socialism.

They don't know how to survive without their masters telling them what they're supposed to think or believe.

They're touting the (projected, BFD) Canadian economy. The same Canadian's that paid off 10s of millions to a murdering terrorist for no apparent reason...Probably in some way funded through the douches at IMF they seem to worship as some kind of gods.

The idiots in EU including some in Merkel's $hithole probably aren't even aware (because they're not allowed to know) of what Trudeau did FOR terrorism.

8 posted on 07/25/2017 1:12:16 AM PDT by lewislynn
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To: lewislynn; All
Except, I am a very patriotic Conservative American.

lewislynn is a snowflake nutjob. A cheap Republican Party Thug who defended Juan McCain on illegals and Romney on abortion. Yes Abortion.

Btw: 2.1% is good in my book. But then again I am not pushing 90 and confusing my meds.

9 posted on 07/25/2017 1:43:01 AM PDT by Berlin_Freeper (Happy Nobama!)
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To: lewislynn
Merkel's $hithole
I sincerely hope you are having as nice a summer, lewislynn, but from your attitude I doubt it.

$hithole is not just surroundings but also a state of mind.

With a comfortable lead in opinion polls, German Chancellor Angela Merkel has left the stage for a quiet three-week summer holiday

10 posted on 07/25/2017 1:52:26 AM PDT by Berlin_Freeper (Happy Nobama!)
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To: mindburglar

It is a globalist political organization; not a financial organization. Close it down.


11 posted on 07/25/2017 6:40:47 AM PDT by SaraJohnson ( Whites must sue for racism. It's pay day.)
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