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'Pessimism and uncertainty' as the risk of a global downturn looms | Sky News AustraliaThe International Monetary Fund (IMF) has further downgraded its global forecast for this year - warning a 'no-deal' Brexit could trigger even lower growth.\n\nIn an update to its World Economic Outlook the organisation predicted global growth of 3.5 per cent for 2019 - a fall of 0.2 per cent - the lowest level for three years.\n\nThe latest downwards revision came after the IMF cut forecasts in October amid concerns over the US-China trade war.\n\nThe report, released ahead of the annual World Economic Forum in Davos, warned that shaky financial market sentiment and global output would deteriorate if trade tensions rose further and other factors came into play.\n\nThose included the prospect of the UK leaving the EU in March without a deal and China's economy slowing further.\n\n\n\n\n\n\n\n Josh will save us with his policy free zone.
Source: SkyNewsAust - 🏆 7. / 78 Read more »