IMF Says Global Economy Has Lost Momentum; WTO Slashes Growth Forecast

IMF Says Global Economy Has Lost Momentum; WTO Slashes Growth Forecast

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the IMF's likely cut in global growth forecasts, with Christine Lagarde highlighting a precarious global economic position. Despite no immediate recession, growth is expected to pick up later in 2019 and into 2020. The WTO also forecasts a slowdown in trade growth due to rising tensions and tariffs. In China, signs of economic stabilization are noted, but concerns about asset bubbles and inflation persist. The transcript emphasizes the need for resolving trade tensions and monitoring economic indicators.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What did Christine Lagarde say about the global economy's position?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the IMF's growth projection for 2019 and 2020?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors did the WTO cite for slashing its growth outlook?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What signs of stabilization are being observed in China's economy?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns did Shen Song Chung express regarding economic policies?

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