Relevant:
- IMF Downgrades Global Economic Outlook Again
- Weak growth and high inflation is the 'new normal'
- Nervy global investors revisit 1930s playbook (AMIDST MOUNTING SLOWDOWN EVIDENCE)
- WTO Slashes Global Trade Forecast by 39% Since April: "Wake-Up Call" Says WTO Director
- IMF downgrades global growth as fears about Europe and Russia overshadow oil windfall
2016-07-19 — bbc.com
"This overlay of extra uncertainty, in turn, may open the door to an amplified response of financial markets to negative shocks."
The IMF has produced two other set of predictions, a "moderately worse" one, and another that is "much worse", depending on how hard the UK finds it to re-establish trading relations with the EU and the rest of the world.
The "much worse" scenario would see global growth slow to 2.8% this year and next.''
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