The decreasing of China’s economic growth to the lowest rate in the last of 25 years has influenced the world’s economy. It made the International Monetary Fund slashed its global growth forecast for the third time in less than a year.
global growth
Breaking News
Commodities such as oil is slowly declining following the Black Monday selling pressure on 24th August raising concern among investors regarding current world economics. China stock took a plunge and Dow Jones Industrial average hit its lowest value for 2015 on that day.
U.S. stocks ended sharply lower on Tuesday, with major indexes falling 1 percent in heavy trading, as weak data out of Germany raised concerns about the strength of global growth ahead of the start of earnings season.
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