United Kingdom NIESR GDP Estimate (3M): 0.9% (March)

FXStreet.com (Barcelona)

Apr 8, 2014

EMEA EM Express: Russian, Ukrainian and EU officials to meet on renewed separatist tensions

Tensions in Ukraine have started growing again, following the outbreak of pro-Russian demonstrations in three eastern Ukrainian cities over the weekend. Protesters in Donetsk, Luhansk and Kharkiv took over government buildings and called for an independence referendum, such as that conducted in Crimea. Meanwhile Russia warned that this might be a beginning of a civil war.

IMF cuts global growth forecast, hikes EU outlook

According to the International Monetary Fund's latest World Economic Outlook published on Tuesday, we should see global growth of 3.6% this year, compared to the January forecast of 3.7%. The organization pointed to the slowdown in economic recovery in such emerging markets as Russia or Brazil as the reasons for the reduction.