Unique Sound Systems

Unique Scion xB Audio System

caraudiomag.com The conclusion to our videos of Unique Car Audio's Scion xB. This is one LOUD car and you can see why with its wall of JL ...

Malaysia in 2013, stability amid a global storm

A pointed out that we were not yet out of the woods. “The near-term outlook is not only weak, but also downside risks predominate. The lingering euro-area crisis remains a serious threat to the world economy. At the same time, if left unresolved, the US fiscal cliff' could tip the US economy into recession and weigh on global growth,” he added.

The eurozone is expected to see a 0.4% contraction this year and a further 0.1% fall in 2013. Even if the White House and congressional leaders can hammer out a short-term agreement on the budget that will avoid the fiscal cliff, growth in the United States is forecast to grow at 2% next year, down from the 2.6% forecasted in May.

With the United States and Europe battling to revive their economies, the OECD believes the world economy will grow by 3.4% in 2013, up from 2.9% this year.

This will likely be supported by the economic expansion of the likes of China, Brazil and India, although they too will be impacted by challenges faced in the West.