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IMF has predicted the global economy will shrink by 1.3 per cent in 2009

Dhāka : Bangladesh | 7 months ago  
Views: 37

International Monetary Fund (IMF) and the World Bank are meeting in Washington with an aim to combat the world's worst economic slump since the 1930s.

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News Stories
 
  • News Source: Australian Broadcasting Corporation | 7 months ago
    America's economy shrank by 6.1 per cent on an annual basis in the first three months of the year. The result was much worse than market expectations and follows the 6.3 per cent contraction the previous quarter...Business and housing investment were...
  • News Source: Al Jazeera | 7 months ago
    The US economy shrunk by 6.1 per cent in the first quarter of 2009 as cuts by businesses and a drop in exports continued to fuel a US recession, according to a government report. The drop in gross domestic product, reported by the Commerce Department...
  • News Source: Androscoggin News | 7 months ago
    IMF U-Turn Progressive 29 April 2009 editorial Harare — Love it or hate it, the International Monetary Fund is important in the modern world, not so much because of what it does itself, but because of its influence. If the IMF gives a country the...
  • News Source: The Courier-Mail | 7 months ago
    Irish gross domestic product (GDP) will shrink by 11.6 per cent in 2008-2010 after slashing its annual forecasts in a quarterly commentary. Prior to this the largest decline for an industrialised country since the 1930s had been in Finland, where...
  • News Source: The Scotsman | 7 months ago
    Darling, has insisted his optimistic forecasts of a recovery to growth by the end of the year was correct, despite being ripped apart by the International Monetary Fund. The Chancellor said he was aware of the IMF's gloomier forecasts before...
  • News Source: Novinite | 7 months ago
    Finance April 28, 2009, Tuesday Bulgaria's Finance Minister Plamen Oresharski has repeatedly taken a stance against the immediate introduction of the euro, saying this would have no significant economic impact. Bulgaria and IMF officials have agreed...
Blogs
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  • Blog Source: libtechplayground.wordpress.com
    ... the International Monetary Fund (IMF) says. In January, the IMF had predicted world output would increase by 0.5% in 2009. It now projects that UK will see its economy shrink by 4.1% in 2009, and by a further 0.4% in 2010. But other major
  • Blog Source: navigatingthestorm.blogspot.com
    The global economy is set to decline by 1.3% in 2009, in the first global recession since World War II, the International Monetary Fund (IMF) says. In January, the IMF had predicted world output would increase by 0.5% in 2009. ... But other major
  • Blog Source: blog.taragana.com
    IMF officials said there's room for Germany and other countries to do more fiscal stimulus. The United States has prodded the Europeans to ramp up such efforts. The global economy will shrink 1.3 percent this year, the IMF predicted in ...
  • Blog Source: www.alldeaf.com
    Even with many countries taking bold steps to turn things around, the global economy will shrink 1.3 percent this year, the IMF predicted in its dour forecast. "We can be fairly confident that in 2010 or even 2011, economies will not be ...
  • Blog Source: www.imf.org
    Sub-Saharan Africa will remain in positive territory at 1.7 percent in 2009, recovering to 3.9 percent next year (see table). “These projections are based on an assessment that financial market stabilization will take longer than ...
  • Blog Source: www.nrc.nl
    Of the largest economies only India and China are expected to grow this year. Germany, Russia and Japan, as well as exporting countries such as Taiwan, Ireland and Singapore, will see their economies shrink. The United States are looking at 2.8
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  • Posted By Ross1776 Ross1776 | 7 months ago
    Get the U.S. out of the "global" economy and World Bank control before this country's GNP is any further destroyed.
  • Reported by murad_eng08
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