UBS predicts global trends

FINANCIAL services firm UBS predicts that global economic growth will moderate in 2011 and that emerging markets growth will outpace that of developed economies.

UBS's 2011 annual Global Economic Perspectives report forecasts global growth will slow to 3,7percent in 2011 and pick up to 3,8percent in 2012, compared with 4,2percent in 2010.

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