The IMF has reduced its world growth forecast for 2013 to 3.3% from 3.5%, Bloomberg reports.
Practically no one was safe.
Euro-area outlook was cut to -0.3% contraction.
U.S. growth was slashed to 1.9% this year and 3% in 2014. Both of those forecasts represent declines of 0.2 percentage points in 2013 and no change in 2014, Marketwatch says.
Russia was cut to 3.4% from 3.7%.
UK got slashed to 0.7%. Last year it was at 2%.
Only Japan and Sub-Saharan Africa saw increases.