The head of the International Monetary Fund says the world economy is in a dangerous situation.

    In 2012, China's economic growth is expected to be more than 9 percent, according to the official Xinhua News Agency.

  In 2010, global IPO activity recovered to pre-financial crisis levels and reached the second-highest fund-raising amount ever, after 2007.

    After two years of quiescent IPO markets during the global financial crisis and recession, 2010's healthy IPO volumes represent more than double the amount raised during either 2008 or 2009.

    Hong Kong was the most active exchange in 2010 as well as in 2011.

   India's external debt increased from US$306 billion at the beginning of the current financial year to US$326.6 billion by the end of September 2011.

   Emerging and developing countries are projected to grow at an average of 3.4 percent during the period 2017-2025.
 
   Spain plans to cut public spending by €8.9bn (£7.5bn) in 2012 to restore public finances and raise taxes for the rich.

   Global industrial production at the end of 2009 had already made up much of the losses sustained since the summer of 2008.

   IMF predicts that the average price of oil will be US$100.00 a barrel in 2012 and will remain unchanged in real terms over the              medium term.