imf (2)

IMF forecast pointing to recession in 2020

Chief economist of Moody’s Analytics, Mark Zandi, says risk of global recession is awfully high if something doesn’t stick to script. He also mentioned that even if we don’t have a recession over next 12-18 months, we are going to have much weaker economy. His stick to script includes

  1. U.S. President Donald Trump not escalating trade war with China
  2. U.K. finding a resolution to Brexit
  3. Central banks having monetary stimulus

Chief executive of JP Morgan Chase, Jamie Dimon, says “Of course there is a rec

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Looking into Egypt FDI inflows you can see that Egypt is still trying to recover from its 2011 revolution, which drastically lowered FDI inflows. Egypt's foreign reserves had suffered a 50% decline from this revolution, which ultimately led Egypt to restrict imports. Restriction on imports have halted FDI in Egypt to the restriction of imports that was caused by the revolution in 2011. It is forecast that Egypt will devalue it currency, so that Egypt would be in good standing with the Internatio

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