Confidence improving, but gloom prevails: WEF
Confidence in the state of the world economy has improved to some extent but majority of experts from business, government and civil society are still pessimistic, says a survey by the World Economic Forum.
According to the WEF's Global Confident Index poll, 56 per cent of respondents still lack confidence in the global economy during the fourth quarter.
The percentage is however, significantly down from 72 per cent recorded in the previous quarter.
"The results are indeed an improvement from last quarter's confidence levels, but sentiment overall remains pessimistic," Martina Gmur, senior director of the World Economic Forum's Network of Global Agenda Councils said.
- Fixing probe now reaches Bollywood, son of Dara Singh held
- BCCI cashes Pune guarantee, Sahara walks out of IPL
- 'Sree spent Rs 1.95L on clothes, bought friend BlackBerry'
- Delhi firm with MoD as client is linked to Pak cyberattacks
- After Infosys, iGATE sacks Phaneesh Murthy for sexual misconduct
- 2 weeks after harassment, Haryana schoolgirls return, cops in tow