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[The CNN Wire] WASHINGTON (CNN) — The global economic slowdown is so severe that the worldwide economy will contract for the first time in 60 years, the International Monetary Fund says.

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[Zawya.com - Economy & Politics News] OECD says China, India can't stop world contraction: By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.

[Times of the Internet] China, India can't stop world contraction: OECD: Angel Gurria echoed a statement from the International Monetary Fund (IMF), which said 2009 would see the first global contraction in 60 years and urged more action from major economies. "Now we are probably seeing a world which will .

[Blogger] EU leaders call for doubling of IMF firepower (Reuters): Reuters - European Union leaders will urge the G20 leading and emerging economies to double the size of the International Monetary Fund’s arsenal for fighting global recession to $500 billion, a draft declaration showed on Friday.

[Political Animal] The Washington Monthly: This is the guy who told the Senate that his primary goal in bailing out the financial industry with public money was not to protect the economy or taxpayers, but instead to use our taxpayer dollars to preserve "a financial system that is run by private shareholders [and] managed by private institutions." Despite my strong disagreements with his ideology, only today have I gotten to the point where I think it's clear he needs to be fired.

[NewsDaily: Business Headlines] NewsDaily: IMF warns of global "Great Recession": As advanced countries focus on problems in their own economies, Strauss-Kahn called on the international community not to forget Africa, where regional growth is expected to slow sharply to 3 percent this year, half the rate of the past five years.

[Web Mirror] Web Mirror | IMF: No world economic recovery till 2010: World Economy ”˜to Shrink in 2009”²: First Time in 60 Years The world economy is set to decline by between 0.5%... No risk of default seen in Eastern Europe: IMF WASHINGTON (Reuters) - There is no risk of a payment.

[Upside Down World] Upside Down World - Salvadoran Election Climate: Evidence that ...: Now, the former guerrilla and current opposition FMLN party is leading most polls over the right wing government ARENA party—the same party that fought the FMLN with US training and funding to the tune of a million dollars per day, and which has ruled the country ever since.

[FPL Fpindex top stories] Canada economy better placed than most: IMF: Finance Minister Jim Flaherty welcomed the IMF's support for the government's $400-billion stimulus package outlined in the Jan. 27 budget, which is still to receive final parliamentary approval, and the organization's report emphasizes the need to get the stimulus spending into the economy.

[NewsDaily: Top Headlines] NewsDaily: Bernanke sees U.S. recovery in 2010: Bernanke, in a rare interview with CBS program "60 minutes," largely upheld the Fed's view that there was a reasonable prospect the recession that took hold in December 2007 would end this year and that 2010 would be a year of recovery.

[Blog@Changes] Show of Hands » Africa is changing...: CNN anchor Isha Sesay started the session by asking participants (through a show of hands) if they agreed with Jeffrey Sachs' comment yesterday that Washington based governance was "dead" as a result of the financial crisis. Majority of participants agreed .

[RedState] The Tim Geithner Dead Pool - streiff’s blog - RedState: Because what we have in the article in today’s Washington Post called “How the Fed Failed to Tell Obama About The Bonuses” is nothing more or less than an attempt to load up Mr. Geithner with unique responsibility for the AIG bonus fiasco, .

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[CNN Political Ticker] CNN Political Ticker: All politics, all the time Blog Archive ...: Twenty-two of the world's poorest nations may need a total of $25 billion in additional funding this year, the International Monetary Fund said, as the global financial crisis sweeps into corners of the world, especially sub-Saharan Africa, that seemed largely insulated from international banking problems.

[End Times Prophetic, Prophecy, Visions, Dreams, Revelation, Christian Blog] IMF poised to print billions of dollars in ”˜global quantitative ...: The Kremlin published its priorities Monday for an upcoming meeting of the G20, calling for the creation of a supranational reserve currency to be issued by international institutions as part of a reform of the global financial system.

[Tweet Channels] Twitter Tweets about cnn as of March 20, 2009 | Tweet Channels: mashget: World economy to shrink for first time in 60 years: WASHINGTON (CNN) ”” The global economic slowdown is so sever.. http://tinyurl.com/d2ejwa. 2009-03-20 11:51:44 · Reply · View · ellendavila: 5 more Canadian soldiers killed in ...

[Blog entry] Progressive Breakfast: Global Stim Pushed, 2nd US Stim Pushed Back ...: That means the whole “clean coal” or carbon capture and storage (CCS) effort of the past decade was an intentional fraud by all parties concerned ”” and nobody should be allowed to use the absence of demonstrated CCS technology today as an excuse for weakening near-term CO2 targets or for giving the coal industry another decade to (fatally) delay serious climate action.

[The Washington Note] Alexander Hamilton's Scorn: Reflecting on AIG, Goldman, Hank ...: He also previously linked to the letter " AIG CEO Edward Liddy sent over the weekend to Secretary Geithner -- in which he tells Geithner, with great courtesy and heaviness of heart, to go screw himself". To change the BIG ISSUES [a government that favors the very rich, by key bureaucratic appointments] will require populist support, something that may be easier to achieve by starting with AIG bonuses than it is by focusing on Summers and Paulson,or how the Federal Reserve is structured, admittedly the more significant problems.

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