The Global Economy Is Expanding Close to Potential

Prieur du Plessis submits: Global business confidence held firm at the end of June, consistent with a global economy that is expanding at close to its potential. Sentiment has remained more or less unchanged since mid-April, suggesting that the European debt crisis has not appreciably impacted global growth prospects, at least not so far,according to the results of the latest Survey of Business Confidence of the World by Moody’s Economy.com.Complete Story »