(London Daily Mail) Fears over the global economy intensified yesterday as the escalating crisis in the eurozone took its toll on the rest of the world.
The International Monetary Fund said the situation has deteriorated in Europe and America as well as in emerging markets such as China, India and Brazil.
Christine Lagarde, managing director of the IMF, said growth around the world will be weaker than the 3.5 per cent predicted just three months ago.