Economy boosts in the second half of the year:
The International Monetary Fund announced in its newest update on the global economic outlook that the worldwide economy was anticipated to pace down in the second quarter but then boosted in the second half of the year, the fundamental drivers of expansion remain in place.
The economy won't show any meaningful growth for another two years; the unemployment rate hasn't stopped rising and the country will not hit its budget deficit reduction targets by 2015, one economic commentator has stated.