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After the first two improved quarters of 2011, the global economic upswing is faltering, according to the latest quarterly World Economic Survey (WES) from the International Chamber of Commerce (ICC) and the Munich-based Ifo Institute for Economic Research, published today.
The world economic climate has worsened in the fourth quarter, as indicated by increasingly negative expectations from economic experts, according to the World Economic Survey (WES), published today by the International Chamber of Commerce (ICC) and the Munich-based Institute for Economic Research (Ifo).
The global economy has worsened since the beginning of 2008 and will continue to decline in the next six months, according to the latest ICC/Ifo World Economic Survey, released today.
The global economic climate remains favourable and will continue to develop positively during the rest of the year despite a slight weakening of business expectations, according to the results of the latest ICC/Ifo World Economic Survey.
A world survey of business sentiment today showed rising expectations for the global economy although assessments of the current situation remain weak.
