World growth ‘worst for 60 years’

BBC News
Wednesday, January 28, 2009

World economic growth is set to fall to just 0.5% this year, its lowest rate since World War II, warns the International Monetary Fund (IMF).

In October, the IMF had predicted world output would increase by 2.2% in 2009.

(ARTICLE CONTINUES BELOW)

It now projects the UK, which recently entered recession, will see its economy shrink by 2.8% next year, the worst contraction among advanced nations.

The IMF says financial markets remain under stress and the global economy has taken a “sharp turn for the worse”.  

Full story here.

• 
• Social bookmarks
• 
• Email this article
• 
• Print this page

Comment Terms Of Use

3 Responses to “World growth ‘worst for 60 years’”

1. UncleSam Says:
   January 28th, 2009 at 6:59 pm

   …..which makes it the best time to buy in your entire life.

   BBC? Britain is certainly in trouble.

2. flatearther Says:
   January 28th, 2009 at 9:00 pm

   When the NWO implement[IMF]is pushing it, both with financial,political and through the media ,you know it is a “must be”, crash the finances=bring in the one world monetary system ,riots [because of lost job's ,homes,broken families]enables them to bring in military /marshal law and connect that to the new laws to officially utilise the fema camps ,it is all a win win for them,best that they prey to their god[satan aka stan the man]that their little attempt at one world governance last long enough to have a fun party at the worlds expense…What amazes me is that these top elites,have most of the money/power/influence,so that they can do what they like and live as kings/queens ….and yet that’s not enough they want to subject the whole f#cking planet to centuries of misery…for what?Just to prove they could do it,please tell me some of the individual names of these elite and i will access the net on how to make a noose.plant those sweet potatoes people they will be worth their weight in ….food.

3. Alex Jones' Jewish Wife Says:
   January 28th, 2009 at 9:08 pm

   Barack Obama’s Economic Appointments
   

   Timothy Geithner(Jewish) – Secretary, U.S. Treasury Department
   Lawrence Summers(Jewish) – Chairman, National Economic Council
   Paul Volcker(Jewish) – Chairman, Economic Recovery Advisory Board
   Peter Orszag(Jewish) – Director, Office of Management and Budget
   Gary Gensler(Jewish) – Chairman, Commodity Futures Trading Commission
   Mary Schapiro(Jewish) – Chairman, Securities and Exchange Commission
   Christina Romer(Jewish husband) – Chairman, Council of Economic Advisers
   Melody Barnes(Black) – Chairman, Domestic Policy Council