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Dire Forecast for Global Economy and Trade

Posted by paulronan 1263 days ago (http://www.nytimes.com)
Category: Economy | Tags: global economy
The world economy is on the brink of a rare global recession, the World Bank said in a forecast released Tuesday, with world trade projected to fall next year for the first time since 1982 and capital flows to developing countries predicted to plunge 50 percent.
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