Sunday, January 25, 2015

economic chief warns of slowing global economy, increased risk

4 October 2005 Rising oil prices http://www.nefga.org/forum/entry.php?747 and trade imbalances are combining http://www.nefga.org/forum/entry.php?1458 with natural disasters and http://www.nefga.org/forum/entry.php?529 geopolitical instability to slow http://www.nefga.org/forum/entry.php?499 the global economy, a senior http://www.nefga.org/forum/entry.php?1181 United Nations official has told a http://www.nefga.org/forum/entry.php?676 General Assembly http://www.nefga.org/forum/entry.php?1047 committee.
Growth will http://www.nefga.org/forum/entry.php?1050 decelerate in 2006 to 3 per cent, http://www.nefga.org/forum/entry.php?780 impacting the ability of http://www.nefga.org/forum/entry.php?1286 developing countries to reach the http://www.nefga.org/forum/entry.php?735 global anti-poverty targets known http://www.nefga.org/forum/entry.php?1513 collectively as the Millennium http://www.nefga.org/forum/entry.php?608 Development Goals (MDGs), http://www.nefga.org/forum/entry.php?1428 Under-Secretary-General for http://www.nefga.org/forum/entry.php?1407 Economic and Social Affairs http://www.nefga.org/forum/entry.php?430 Jos© Antonio Ocampo told the http://www.nefga.org/forum/entry.php?1510 Economic and Financial Committee http://www.nefga.org/forum/entry.php?1197 on Monday. And the reluctance by http://www.nefga.org/forum/entry.php?1656 some world players to adjust trade http://www.nefga.org/forum/entry.php?1676 and financial imbalances could http://www.nefga.org/forum/entry.php?1554 further add to uncertainty and http://www.nefga.org/forum/entry.php?1532 risk in the world outlook, he http://www.nefga.org/forum/entry.php?1324 added.
"At the same time, http://www.nefga.org/forum/entry.php?481 the broad international economic http://www.nefga.org/forum/entry.php?506 environment does show some http://www.nefga.org/forum/entry.php?1502 auspicious signs," Mr. Ocampo http://www.nefga.org/forum/entry.php?1194 said, citing robust growth in http://www.nefga.org/forum/entry.php?1685 international trade as well as http://www.nefga.org/forum/entry.php?932 trade surpluses for some http://www.nefga.org/forum/entry.php?1490 developing countries.
He http://www.nefga.org/forum/entry.php?821 predicted "a major http://www.nefga.org/forum/entry.php?946 breakthrough" if development http://www.nefga.org/forum/entry.php?961 commitments are fully met, http://www.nefga.org/forum/entry.php?1670 particularly for sub-Saharan http://www.nefga.org/forum/entry.php?583 Africa, where aid is expected to http://www.nefga.org/forum/entry.php?878 double from $25 billion in 2004 to http://www.nefga.org/forum/entry.php?858 $50 billion by 2010.
But other http://www.nefga.org/forum/entry.php?461 indicators point to a http://www.nefga.org/forum/entry.php?835 destabilization of the world http://www.nefga.org/forum/entry.php?519 economy, including the unravelling of housing prices in developed economies, a significant rise in long term interest rates, and the reduction in the risk appetite of financial markets, he said.

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