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Views on World Economic Climate hit fresh lows, ICC/Ifo survey reveals
22 November 2011
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The world economic climate has worsened in the fourth quarter, as indicated by increasingly negative expectations from economic experts, according to the World Economic Survey (WES), published today by the International Chamber of Commerce (ICC) and the Munich-based Institute for Economic Research (Ifo).
The poll asked 1,119 economic experts from business and academic institutions to assess current and expected economic developments in their 119 countries this past October. Their answers were analyzed to reach a quarterly figure representative of the current economic climate.
