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Forecasts: 2016's worst economic performers.
Posted on: 1/11/2016 3:50:34 AM under General News
According to the Bloomberg economist surveys conducted between October and December 2015, the forecast for many countries' economies in 2016 is rather pessimistic. The survey covered analysis of the markets in 93 countries around the world.
The 10 economies that are forecasts to be the world's worst performers this year include Venezuela, Brazil, Russia, Ecuador, Argentina, Japan, Finland, Croatia and Switzerland.
Among the nations with a 50-50 chance of recession over the next 12 months are Brazil, Russia, Ukraine, Argentina and Taiwan.
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Source: Bloomberg
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