Friday, 25 January 2013

Worldwide Recession: Forecast for Global Economic Growth


By Barry Grey, Global Research:
"The World Bank issued its biannual Global Economic Prospects report Tuesday, sharply downgrading its forecast for economic growth from its previous report released last June. The Washington-based international lending agency projected an expansion of the world economy in 2013 of only 2.4 percent, down from its forecast six months ago of 3.0 percent."