Fiji Sun – Monday 4th March 2019.
The global growth momentum is expected to remain subdued in 2019 following a downward revision to the global growth forecast by the International Monetary Fund.
The downgrade is on the back of muted growth prospects for both advanced and emerging market & developing economies.
Downside risks remain such as the uncertainty of trade negotiations, downturn in financial market sentiments, geopolitical tensions and the pervasive effects of climate change.
Generally, movements in major global commodity prices trended upwards over the month in January.Read more…