Citi is once again slashing its 2011 and 2012 global GDP forecasts. The firm now expects just 3%...

|By:, SA News Editor
Citi is once again slashing its 2011 and 2012 global GDP forecasts. The firm now expects just 3% global growth in 2011, and 2.9% growth in 2012. It also sees additional eurozone sovereign debt downgrades over the next 3-6 months. (previously)