The International Monetary Fund’s chief economist described a "nascent" global recovery on Wednesday, but warned that US policymakers walked a tightrope in timing the end of the fiscal stimulus.
IMF: ‘Nascent recovery’ under way
Tag Archives: the-fiscal
Panasonic posts $4 billion loss
Panasonic, one of the world’s largest makers of electronic devices, announced it lost nearly $4 billion in the fiscal year ending March 31. The loss wasn’t surprising, but the size was — analysts had predicted the Osaka-based company would lose about $1 billion.