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Here are some highlights of our UK and global forecast.
Making a global forecast based on oil prices is risky, Mr. Roach acknowledged.
The International Monetary Fund's latest global forecast downgrades the outlook for many emerging countries, notably Russia, Brazil and South Africa.
Dr. Franklin, who has a doctorate in biology, now works as a global forecast manager at Boston Scientific, a medical device company in Natick, Mass.
In Friday's report, the energy agency raised its global forecast for crude oil demand for 2011, but it still projects only a modest increase of 1.4 million barrels a day from 2010 levels, to 88.8 million barrels a day.
In its latest global forecast, issued last week, the International Air Transport Association, an industry trade group, predicted that airlines worldwide would lose $11 billion this year, $2 billion more than it forecast in June.
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Previous global forecasts now look like fantasy maths.
"There was no spying," said Leo Abruzzese, director of global forecasting at the Economist Intelligence Unit.
(It's no surprise that Woody Allen frets about the elements and is constantly checking global forecasts).
The jitters appear to be a universal consumer affliction, said Jeff Schuster, executive director of global forecasting at J. D. Power & Associates.
A rebound in the global economy is looking less and less likely.The first bit of gloom came when the IMF unveiled its new set of global forecasts.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com