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06-22-2009, 12:28 PM #1
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World Bank: Global Recession Worse
World Bank: Global Recession Worse
Monday, June 22, 2009 8:38 AM
BEIJING -- The World Bank has cut its 2009 global growth forecast, saying the world economy will shrink by 2.9 percent and warning that a drop in investment in developing countries will increase poverty.
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