London analysts expect less global growth than expected
According to recent forecast of financial analysts from London, the Chinese-US trade conflict is worsening the investor climate in the global economy, and are expected to see slower global growth than expected in the next two years.
According to Fitch Ratings’ international credit rater’s new quarterly forecast published in London, the global economy will slow down to 2.8 percent this year from the 3.2 percent of last year. This is an unchanged forecast, but the company has reduced its global estimate for 2020 from 2.8 percent to 2.7 percent and expects a similar growth in 2021. (Kertész Róbert, MTI)
Related news
Coca-Cola introduces a new cola
Coca-Cola announced that it will be adding a new product…
Read more >Choking hazard pacifiers and toxic raincoats: EU investigates flood of Temu and Shein products
Pacifiers that can cause choking, sunglasses without UV filters, cosmetics…
Read more >Burberry’s quarterly revenue fell 5.5 percent
The British Burberry Group, one of the world’s leading luxury…
Read more >Related news
Carrefour sells Italian branch to NewPrinces Group
Carrefour has entered into a binding agreement with NewPrinces Group…
Read more >