News bulletin – answers

No recession, just moderate growth

true/false

1. Everyone agrees that the threat of recession is past. F: some believe this
2. The US government predicted growth of 1-2% in the second half of the year. F: Credit Suisse made the prediction
3. Three factors are mentioned that have influenced this prediction. T – low interest rates, rapid money supply growth and intervention by the Federal Reserve
4. Oil is more than $130 a barrel. T ‘oil will retreat from above $130….’
5. The price needs to drop to $110 immediately. F: in the 3rd quarter
6. The assumption about growth won’t be wrong. F: it could be wrong, ‘if we’re wrong…’
7. Lower growth levels in China and Japan could be the result of oil price increases. F: Europe and Japan
8. The risk of inflation is strong in India. T
9. Brazil is also suffering from the oil price increases. F: they have discovered oil and the share price has risen
10. Investors are currently wary of investing in emerging markets. T