The IMF may slash its global growth forecast for the second time this year due to concerns about...

|By:, SA News Editor

The IMF may slash its global growth forecast for the second time this year due to concerns about emerging markets. "Considering what we are seeing now in emerging countries in particular, I fear that we might be slightly below that," Christine Lagarde tells a conference in France, referring to the previous projection of 3.3% growth for 2013. (Previous: Are emerging markets cheap?)