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International Fund has suddently upgraded its grow forecast for the global economy.It's now predicating 3.5% this year,up 0.25% on its earlier forecast. Its predication for Australia is in line with the government projection1 of 3% growth this year.But the IMF warns the recovery remains2 fragile.
Trun powercy measures were taken.New governments came into power in Italy and Spain.The European Union adapted a tough fisical pack and the European central bank injected baddly needed liquidity3.Things have quite down since,but uneasy calm remains.One has the feeling that at any moment things quite well get very bad again.The IMF chief economist4 says.
Let's go to the market.The DOW JOWES ended the scession nearly 200 points higher.The NASDAQ rose 54.The S&P500 also net ground.And in London,the FTSE gained more than 100.
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1 projection | |
n.发射,计划,突出部分 | |
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2 remains | |
n.剩余物,残留物;遗体,遗迹 | |
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3 liquidity | |
n.流动性,偿债能力,流动资产 | |
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4 economist | |
n.经济学家,经济专家,节俭的人 | |
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5 sterling | |
adj.英币的(纯粹的,货真价实的);n.英国货币(英镑) | |
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