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Worldwide Downturn Speeds Up Alarmingly

Analysts don't expect recovery in 2009

By Matt Cantor,  Newser Staff

Posted Jan 24, 2009 7:46 AM CST

(Newser) – The global economy is in a faster decline than economists predicted only weeks ago, as the bursting of the biggest-ever real-estate bubble hits real economies in Europe and Asia, killing millions of jobs and shutting businesses, the Washington Post reports. Britain just posted its biggest...   Read full story »

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