IMF warns that global recession could soon be at hand

“The world may soon be teetering on the edge of a global recession, only two years after the last one,” Pierre-Olivier Gourinchas, the IMFs chief economist, wrote in a blog post accompanying the report. Put simply, the outlook for the global economy is “increasingly gloomy,” Pierre-Olivier Gourinchas, the IMFs chief economist, wrote.

via Economictimes