imf: europe a drag on global growthnew forecasts from the international monetary fund show that the european debt crisis is putting the brakes on global growth.boj sees recovery delayed as europe bites but skips easingtokyo (reuters) - the bank of japan forecast the economy will contract in the current fiscal year but kept policy steady on tuesday, expecting exports to emerging markets and reconstruction after last year's earthquake will help fuel a steady recovery later in 2012. boj governor masaaki shirakawa, however, warned that europe's sovereign debt crisis remained the biggest threat to japan&#...europe can beat this crisis but maybe not the next: clive crookhow gloomy should we be about the european union? are its problems manageable, or is it headed for systemic collapse? my answer is yes -- the problems are manageable, and the eu’s leaders are behaving so recklessly that collapse is all too possible. i don’t know whether that makes me an optimist or a pessimist.europe's ceos back in the gamethe chief executives of some of europe's richest companies, gathered at this week's world economic forum amid a flood of negative economic forecasts, have a message for doubters: don't count us out. |
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