April 10, 2008
IMF: Global growth threatened by biggest shock "since the Great Depression".
WASHINGTON (AP) - The United States is headed for a recession, dragging world economic growth down along with it, the International Monetary Fund concluded in a sobering new forecast Wednesday that underscored the damage inflicted from the housing and credit debacles. [more]
The Fund is always a living tribute to the human spirit.
Posted by Holden Oliver (Kitzbühel Desk) at April 10, 2008 12:44 AM
Posted by: China Law Blog at April 9, 2008 11:18 PM