Is the Global Economy at Risk?

 

With Standard & Poor downgrading America’s credit rating from AAA to AA+ and the stock market plunging in recent days, the question of the moment is: “Is the global economy at risk?” Media Eghbal, Country Insight Managing Editor, explains the challenges emerging in the global financial market, including signs of slowing economic growth and potential government debt crises. Any slowdown in the US economy means global repercussions; however debt worries in the Eurozone and economic problems in Japan have also affected the global economy.  Eghbal continues to discuss further hardships for the global economy and states the forecast for global GDP.

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