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These Economies Are Seen Improving Dramatically This Year

Argentina, Brazil, Russia and Nigeria are set for growth spurts
Bloomberg business news

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Expect more good news than bad when it comes to global growth this year, led by recoveries in several of Latin America’s largest economies, a pickup in the U.S., and continued robustness from China and India.

The expectation is that 62 economies are slated for an improvement compared with last year, while 33 will see a deterioration, according to an analysis of the latest Bloomberg consensus outlook. Near the top of the list are Argentina and Brazil, both set to shift from contraction to expansion, along with energy exporters Nigeria and Russia thanks to a rebound in the price of oil from a 13-year low in January 2016.