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month in september. the international monetary fund today called on the international community to help finance the bailouts of euro- zone countries. that had u.s. markets following global markets lower. the dow fell 20 points, the nasdaq lost 19 and the s&p was down three. those worries in europe, are part of the reason the international monetary fund is shaving it s outlook for the global economy. the i.m.f. s managing director says the trend has been clearly heading down. and, as darren gersh reports, she is calling on leaders in europe and the u.s. to change direction. reporter: the managing director of the i.m.f. has been described as the world s chief financial fire fighter. and today, christine lagarde urged policy makers in europe to make sure another spark doesn t re-ignite the crisis. we need a sustained rebound, a sustained rebound, not a bounce. if this time is to be different we need certainty more than uncertainty. and we need decision makers to turn i ....
nice to see you again. good to be here. susie: so you were pretty upbeat in your forecast. are you expectsing a strong global demand for aluminum. it s hard to imagine that given the gloomy forecast out of europe, out of china, even out of the u.s. so fell us where you see the demand. well, we expect 7% demand goals this year. we also expect that the we see a very strong regional premium which show there is a tight innocence the market. where is that coming from? it s coming from aerospace. we have aerospace market these days with eight years of order backlog that s very substantial. and it s going toa while. we also see surprises here in the u.s., particularly coming from the automotive industry. and that s doubly positive for the aluminum industry because on the one hand we have seen so far in this year a 15% growth in automotive demand here in the u.s., very nice. in addition to that, we see thathe amount of aluminum used in cars is going up. because lightwei ....
nice to see you again. good to be here. susie: so you were pretty upbeat in your forecast. are you expectsing a strong global demand for aluminum. it s hard to imagine that given the gloomy forecast out of europe, out of china, even out of the u.s. so fell us where you see the demand. well, we expect 7% demand goals this year. we also expect that the we see a very strong regional premium which show there is a tight innocence the market. where is that coming from? it s coming from aerospace. we have aerospace market these days with eight years of order backlog that s very substantial. and it s going toa while. we also see surprises here in the u.s., particularly coming from the automotive industry. and that s doubly positive for the aluminum industry because on the one hand we have seen so far in this year a 15% growth in automotive demand here in the u.s., very nice. in addition to that, we see that the amount of aluminum used in cars is going up. because lightw ....
nice to see you again. good to be here. susie: so you were pretty upbeat in your forecast. are you expectsing a strong global demand for aluminum. it s hard to imagine that given the gloomy forecast out of europe, out of china, even out of the u.s. so fell us where you see the demand. well, we expect 7% demand goals this year. we also expect that the we see a very strong regional premium which show there is a tight innocence the market. where is that coming from? it s coming from aerospace. we have aerospace market these days with eight years of order backlog that s very substantial. and it s going toa while. we also see surprises here in the u.s., particularly coming from the automotive industry. and that s doubly positive for the aluminum industry because on the one hand we have seen so far in this year a 15% growth in automotive demand here in the u.s., very nice. in addition to that, we see that the amount of aluminum used in cars is going up. because lightw ....
nice to see you again. good to be here. susie: so you were pretty upbeat in your forecast. are you expectsing a strong global demand for aluminum. it s hard to imagine that given the gloomy forecast out of europe, out of china, even out of the u.s. so fell us where you see the demand. well, we expect 7% demand goals this year. we also expect that the we see a very strong regional premium which show there is a tight innocence the market. where is that coming from? it s coming from aerospace. we have aerospace market these days with eight years of order backlog that s very substantial. and it s going toa while. we also see surprises here in the u.s., particularly coming from the automotive industry. and that s doubly positive for the aluminum industry because on the one hand we have seen so far in this year a 15% growth in automotive demand here in the u.s., very nice. in addition to that, we see that the amount of aluminum used in cars is going up. because lightw ....