IMF sees global economy shrinking in 2009
Dominique Strauss-Kahn, the managing director of the IMF, said: "The Fund expects global growth to slow below zero this year, the worst performance in most of our lifetimes." Strauss-Kahn's comments follow the Fund's forecasts of 0.5% growth this year, made at the end of January.
"Continued deleveraging by the world's financial institutions, combined with a collapse in consumer and
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