Global Growth
• The IMF predicts global GDP at 3.3% in 2015, marginally lower than in 2014
• Americas and Europe economy are recovering China is slowing and emerging markets are caught in the middle
• Middle East and China economy were slowed down.
• Africa - business tourism plus decreasing incomes
• Asia - remains the leading global region for economic growth
• A slowdown in emerging market and developing economies
•The distribution of risks to global economic activity is still tilted to the downside. Lower commodity prices also pose risks to the outlook in low-income developing economies after many years of strong growth.