Showing posts with label geopolitical risks. Show all posts
Showing posts with label geopolitical risks. Show all posts

Wednesday, January 20, 2016

Chief executives of Davos ‘More Pessimistic’ about Growth

Only 27% of interviewees thought growth would improve, against 37% in 2015, the report by consultants PwC showed.

 Armed police next to Davos logo
Business leaders are increasingly worried about geopolitical risks, as well as China's economic slowdown and the falling oil price.
The findings chime with a report by International Monetary Fund report that downgraded global growth forecasts.

The IMF said on Tuesday that it now predicts economic activity to expand by 3.4% this year, down from an estimate of 3.6% in October.

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