Latest News :
#IMF cut its global growth forecast for 2013 to 3.9% from 4.1% in April.
#IMF inflation projections: world(3.98%); Adv. Economies(1.81%); EU(2.11%); Emerging(6.21%).
#Moody's downgrades ratings on 13 #Italian #banks
#MOODY'S: Italian sub-sovereign ratings outlook negative.
#Banks affected include UniCredit SPA, Intesa Sanpaolo, BNP Paribas, Italian unit Banca Nazionale del Lavoro SPA, Banca Carige SPA, Credito Emiliano , and General Electric Co.'s GE Capital SPA.
Regard
Ghinie
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