The International Monetary Fund (IMF) has cut its 2019 global outlook to the lowest point since the financial crisis. In its latest World Economic Outlook, the IMF indicated that after strong growth in 2017 and early 2018, global economic activity slowed notably in the second half of last year, reflecting a confluence of factors that are affecting major advanced economies. The world economy is expected to grow 3.3 percent this year, down from the 3.5 percent the IMF had forecast for 2019 in January. The report cited China's slowing growth and the increase of trade tensions with the US as primary contributors to the slow-down.
