World Bank/IMF Forecasts – Jan 2012 Update

Developing countries should prepare for further downside risks, as Euro Area debt problems and weakening growth in several big emerging economies are dimming global growth prospects, says the World Bank in the newly-released Global Economic Prospects (GEP)
Prospects for the Global Economy, World Bank, Jan 2012

With intensifying strains in the euro area weighing on the global outlook, the IMF sharply cuts its forecast for world growth to 3.3% this year, saying prospects have dimmed and risks to financial stability have increased.
World Economic Outlook update, IMF, Jan 2012