Research Center Says Slowing Growth But No Recession

Despite lowering its growth projections for the next eighteen months, the Center for Economics and Business Research (CEBR) says the world economy will likely avoid a “double dip” recession. The CEBR sees growth slowing in the US and Europe but emerging nations including China and India will prove to be “too resilient for global growth to go negative again in the short term.”

Source: BBC News

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