Deloitte Touche Ross has just released its Global Economic Outlook: It says:
United States: Back on track after first-quarter detour
Germany is losing momentum . . but its growth path remains intact
Eurozone: Recovery stalled...The recovery is still highly vulnerable to external influences.
China: Signs of continuing weakness...Despite concerns about credit market excesses, China’s central bank has chosen to ease monetary policy
Japan: Slow growth raises tax questions
India: Challenges: Manufacturing sector still unstable: High fiscal deficit; Inflation still a concern:
United States: Back on track after first-quarter detour
Germany is losing momentum . . but its growth path remains intact
Eurozone: Recovery stalled...The recovery is still highly vulnerable to external influences.
China: Signs of continuing weakness...Despite concerns about credit market excesses, China’s central bank has chosen to ease monetary policy
Japan: Slow growth raises tax questions
India: Challenges: Manufacturing sector still unstable: High fiscal deficit; Inflation still a concern:
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