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.
"Incentive levels $500 below the first-quarter average and depleted vehicle inventory have added to the pressure as the month progressed," said Jeff Schuster, the executive director of global forecasting for the research firm J. D. Power & Associates.
Chrysler, which this month warned that it could soon run out of money without a $7 billion loan, "doesn't really have the scale, at least in most vehicle lines, that is really required to survive in this market," said Michael Robinet, the vice president for global forecasting for the firm, CSM Worldwide.
The global forecast for 2015 is unchanged, with growth predicted to be 4%.
The global forecast for Alzheimer's isn't good.
b99d2703-be42-4639-9d4b-bcd17b0b8d7a One of the most sobering realities of climate change is that even if all greenhouse gas emissions came to an abrupt halt tomorrow, climbing temperatures, rising seas and extreme weather would still be in the global forecast for perhaps hundreds of years because of the carbon dioxide already released into the atmosphere.
November 11-12 2014: UNICEF convened a global consultation with the Personal Protective Equipment (PPE) industry to provide global forecasts and advocate for sufficient global supply.
"New York is at the top of the list in terms of financial sophistication," said Leo Abruzzese, global forecasting director for the Economist Intelligence Unit.
One economic forecaster immediately cut its global growth forecasts for 2016 in response to the official figures from China, while stock markets and oil prices slid backwards.
The International Monetary Fund cut its global growth forecasts for this year and 2015 earlier this month, warning that the world economy might never achieve the pace of expansion achieved before the financial crisis.
