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The Global Economy Will Slow Down in 2012: Economist

Friday, 11 Nov 2011 | 2:30 AM ET

Bart van Ark, chief economist at The Conference Board, told CNBC, "The global economy is going to slow down quite a bit in 2012, we are growing in around 4% this year more in the area of 3.2% next year, with the very rapid adjustments we are making in Europe at the moment it could even actually be 3% or even a little bit below."