In her inaugural speech, the new International Monetary Fund Managing Director Kristalina Georgieva warns over a “synchronized slowdown” in global growth. Key Quotes: Fund expects slower growth in nearly 90% of world in 2019. New IMF research shows trade conflicts could slash global GDP output by $700 bln or 0.8% by 2020. A major downturn could put $19 trillion in corporate debt at risk of default – 40% of the total in 8 major economies. Central banks should keep interest rates low where appropriate. Germany, the Netherlands and South Korea should increase spending on infrastructure and research to boost demand and growth potential. Fiscal spending increases cannot work everywhere as global public debt remains near record levels. Countries need to address ‘legitimate concerns’ about trade practices, including subsidies, intellectual property rights and technology transfers. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next German Govt Official: Germany sees no need for stimulus package – Bloomberg FX Street 3 years In her inaugural speech, the new International Monetary Fund Managing Director Kristalina Georgieva warns over a "synchronized slowdown" in global growth. Key Quotes: Fund expects slower growth in nearly 90% of world in 2019. New IMF research shows trade conflicts could slash global GDP output by $700 bln or 0.8% by 2020. A major downturn could put $19 trillion in corporate debt at risk of default - 40% of the total in 8 major economies. Central banks should keep interest rates low where appropriate. Germany, the Netherlands and South Korea should increase spending on infrastructure and research to… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
