IMF Lowers U.S. Growth Forecast to 2%
July 3 (Bloomberg) -- The U.S. economy will grow by 2 percent this year and about 2.25 percent in 2013 amid a “tepid” recovery and the European debt crisis, the International Monetary Fund said, lowering its previous projections. Megan Hughes reports on Bloomberg Television's "Market Makers." (Source: Bloomberg)
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EU to Make Brexit Tough to Stop Other Exits, Says Brzeski
44:01 - German Vice Chancellor Sigmar Gabriel said the U.K.’s vote to leave the European Union is creating a sense of instability and will lead to “big problems” if policy makers mishandle the Brexit process. While Britain’s exit “won’t hurt us economically as much as many fear,” it’s “a huge problem politically,” Gabriel, who leads Germany’s Social Democratic Party, said at a town hall-style event in Berlin on Sunday. “The world is looking at Europe as an unstable continent.” ING Chief Economist for Germany & Austria Carsten Brzeski discusses with Bloomberg's Anna Edwards on "Countdown."