International Monetary Fund Managing Director Christine Lagarde said the organization will lower its estimate for global growth this year, based on weakness in investment, jobs and manufacturing in Europe, the U.S., Brazil, India and China, reports Bloomberg. “The global growth outlook will be somewhat less than we anticipated just three months ago,” she said. “And even that lower projection will depend on the right policy actions being taken.”
America has no tolerance for wealthy people griping about their financial woes. But they have concerns too.