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International Market Review & Outlook July 2012

In what has now become an all-too-common occurrence, the IMF in July downgraded its outlook for the world economy and called on policy makers for stronger action to combat weaker growth. The Fund has slightly lowered its global growth forecast for 2012 to 3.5%, down 0.1% from its forecast three months ago. It was the IMF's lowest forecast since 2009. However, the new growth projection is based on a trio of big assumptions.  

Click here for full July Report of the Global Economic Overview.
 

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