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Part of the reason for the IMF's flexibility is that it acknowledges that the situation has become much worse since it set the terms of the contract last year: It has been forecasting the Ukrainian economy to shrink by double the 3.0% it had previously envisaged, while with Latvia it has increased from 4.0 to 5.0% to up to 8.0%.
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"This forecast rain [on Thursday], it has been forecast consistently at Newmarket for the last two weeks and we haven't got it," Gosden said.
It has been forecast by some of the more bearish observers that the total UK TV market could decline year-on-year in 2012 as advertiser confidence continues to crumble.
Indeed, after last summer's vote against possible military intervention in Syria it has been forecast that the withdrawal from Afghanistan would bring to an end more than a century of warfare by British forces around the globe.
To take one example: it has been forecast that the engineering and manufacturing sector will need more than 2 million new workers by the time today's primary school pupils reach working age as skilled and experienced employees retire, according to Engineering UK.
It has been forecast the centre of design could attract half a million tourists in its first year after opening and provide a multi-million pound boost to the local economy.
Derived from present data it has been forecasted that 20% of 50-year old men and half of 50-year-old women will suffer from at least one clinical fracture during their remaining lifetime [1].
It has been forecasted that COPD will be ranked the fourth burden of disease worldwide by year 2030 [ 1].
It has been forecast that biofuels may account for more than a quarter of the world's demand for transportation fuels by 2050 [ 1].
According to the recent reports of MarketsandMarkets, it has been forecasted that by 2017 the estimated global market for biomaterials will be 88.4 billion US$ with a compound annual growth rate (CAGR) of 15%.
Similarly, it has been forecasted that while the current rates of osteoporotic hip fractures in Asian populations are lower than the rates seen among the Western populations, 50% of all hip fractures in the world will be occurring in Asia by the year 2050 (2).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com