A new report from the Organization for Economic Cooperation says the global economy is in a worse decline than previously thought. The OECD says world trade will drop 13 percent this year. Chief economist Klaus Schmidt-Hebbel called the current crisis the worst recession since the Great Depression.
Klaus Schmidt-Hebbel: “The world economy is in the midst of its deepest, most synchronized recession in our lifetimes, certainly since the 1930s, I would say, caused by a global financial crisis and deepened by a collapse of world trade.”
Wednesday, April 1, 2009
Subscribe to:
Post Comments (Atom)
1 comment:
Hello Everybody,
My name is Mrs Sharon Sim. I live in Singapore and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation, i will refer any person that is looking for loan to him, he gave me happiness to me and my family, i was in need of a loan of $250, 000.00 to start my life all over as i am a single mother with 3 kids I met this honest and GOD fearing man loan lender that help me with a loan of $250, 000.00 SG. Dollar, he is a GOD fearing man, if you are in need of loan and you will pay back the loan please contact him tell him that is Mrs Sharon, that refer you to him. contact Dr Purva Pius, via email:(urgentloan22@gmail.com) Whats App +91-8929509036 Thank you.
Post a Comment