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[tradejunkie2] 04/4/2020 18:12

We'll be seeing below 100 next week as the recession takes hold.

[jugears] 04/4/2020 17:28

Gaygay it will be.

[gaygay3] 04/4/2020 16:51

Let’s hope for a better week next week

[gaygay3] 04/4/2020 16:49

I’m back

[jock363636] 04/4/2020 15:25

NHS1 you are 1 annoying spineless weasel of a human being

[alangriffbang] 04/4/2020 14:48

1NHS why have you posted the same message on the Lloyd’s bank site ,it’s no wonder you get filtered ,

[1 nhs] 04/4/2020 14:36

0 0 0
Just 3 months ago


076 views|Jan 9, 2020,10:46am EST
Which Countries Will Grow And Which Countries Will Shrink In 2020
Kenneth Rapoza
Kenneth RapozaSenior Contributor
Markets
I write about business and investing in emerging markets.
ARGENTINA PROTESTS
Only three countries out of all the countries the World Bank gave its forecast for this week will ... [+] © 2016 BLOOMBERG FINANCE LP
The World Bank published its Global Economic Prospects report for 2020 on Wednesday, and almost everyone is growing—everyone that is except Argentina, Iran and much poorer countries like Haiti.

(Venezuela is no longer on the World Bank’s map.)

Argentina’s economy is projected to contract 1.3%, with Haiti contracting 1.4%. Iran growth is seen flat at the moment, at 0%, though that will surely change as President Trump announced tougher sanctions against the Persian nation on Wednesday. U.S. officials are set to meet with their European counterparts in the days ahead to discuss ways to pressure Iran back to the negotiating table on the broken nuclear power deal.

One takeaway from the annual report is that everyone is growing and there is no recession in sight for at least the next two years, despite the constant hemming and hawing about it in some segments of the financial media.

Overall global growth for 2020 is forecast to reach 2.5%, up from 2.4% estimated in 2019. The World Bank has global growth inching up in 2021 to 2.6% and in 2022 to 2.7%.

Today In: Markets

U.S. GDP is seen coming in at 1.8% this year, then slipping to 1.7% in 2021.

Wall street in New York
The New York Stock Exchange building in lower Manhattan. The World Bank is not forecasting anything ... [+] GETTY
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Meanwhile, emerging markets will have a better year this year than last year, especially in Brazil and Russia, which hope to push their average GDP to 4.1% growth in 2020 from 3.5% last year, and a forecast 4.3% next year.

Not bad.

See: World Bank’s Growth Forecast Lowest Since Financial Crisis — Forbes

Within the BRIC countries, China will grow below 6% growth for the next three years, but that is no surprise. Even Beijing has forecast this now. The World Bank has China growing 5.9% this year

[dr_smith] 04/4/2020 13:27

Sharethis / palegold77. Do you want to be part of what likes life good or another parasite.
To reflect on your death bed will be too late. Filtered.

[riley109] 04/4/2020 13:08

A more sensible name for the 3 amigos would be The Amoebae,and it looks like they've multiplied.

[wfl1970] 04/4/2020 10:46

Just like Jeff Fairburn walked away...with his loot.

[jugears] 04/4/2020 09:50

Gaygay wouldn't no they have all been
filtered.

[asa8] 04/4/2020 08:42

Help to buy was always a Ponzi scheme set up by big house builders and the government,prices inflated higher all out of greed well the chickens are coming home to roost now the only one getting there money back will be the mortgage company

[1 nhs] 03/4/2020 23:32

All well and good, but your product buyers want 25% off when they walk in through the door.

I was amazed at the prelims running each site.

Agent, Forman, forklift driver , site set up , power , phone, security, compound set up, rates , water , heating, canteen, toilets, timber rack, safety, fencing , diesel.

Then as time goes on we have stock on each site building up that needs to be cleaned each week, for sales.

New houses get tired very quickly in the summer heat and winter frost and mud.

The build sequence goes to pot , plot sold jumps ahead as resource is only used for gain .

Then you have the estate of part exchange property that needs financial support, cleaning , rates, heat , agents fees , the list goes on and on .

Sales cost £15,000 a plot not £2,500 as was the case prior.

Key staff refuse to take pay cuts and walk

Contractors go bust

Supplies go bust

Massive cash flow issues across the board

[wfl1970] 03/4/2020 20:49

Interesting...
and if the same happens in the building industry... Already well known for their lengthy payment terms - even before this crisis...

[thelongandtheshortandthetall] 03/4/2020 19:40

Probably Chinese working in Italy.

[asa8] 03/4/2020 19:34

Done mine new mountfield was surprised made in Italy makes a change from china