IMF Warns of ‘Alarmingly High’ Global Slump Risk

The International Monetary Fund cut its global growth forecasts as the euro area’s debt crisis intensifies and warned of even slower expansion unless officials in the U.S. and Europe address threats to their economies.
BP 1Q Adj. Profit Beats Analysts’ Estimates
50:15 - Total and BP, two of Europe’s biggest oil companies, release earnings for the first quarter. Bloomberg’s Ryan Chilcote reports on “Countdown.” (Source: Bloomberg)
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