IMF Lowers Global Economic Growth Outlook to 3.8%

IMF Lowers Global Economic Growth Outlook to 3.8%

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Business, Social Studies

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The IMF has revised its World Economic Outlook, reducing the global growth forecast from 4% to 3.8% due to weaker economic performance in Europe, Russia, and Brazil. Germany, a key European economy, is experiencing its lowest industrial production in five years, partly due to sanctions on Russia affecting central Europe.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How have sanctions against Russia affected the European economy?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What specific countries did the IMF mention as contributing to the weaker economic outlook?

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