IMF Predicts First Global Contraction in 60 Years

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GENEVA — Despite massive stimulus packages being injected into economies around the world, the global economy is projected to contract for the first time in 60 years in 2009...

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Latest Articles from Business

IMF Predicts First Global Contraction in 60 Years

World economy to slow 0.5 to 1 percent in 2009, IMF projects.

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