International Monetary Fund (IMF) predicted in the latest World Economic Outlook the global economy's growth would fall down to 3.3%, reducing by 0.2% than the prediction of January; global economy in 2014 would grow by 4%, remaining the same as the previous prediction.

IMF predicted that developed economies in 2013 would grow by 1.2%, reducing 0.1% from previous prediction and would grow by 2.2%, higher than expected.

Written by Nicolas Yang