forbes.com - 4/24/2009
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The global economy is in the middle of a synchronized contraction that will push global growth into negative territory in 2009 for the first time in decades. This will be the worst financial crisis since the Great Depression and the worst global economic downturn in decades. Global trade volumes ...
ft.com - 4/21/2009
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ft.com —
The deteriorating global economy means financial institutions now
face total losses of $4,100bn on loans and other...
assets, the International Monetary Fund said on Tuesday, urging governments to take “bolder steps” to shore up institutions – including ...
(more)
FT.com / Global Economy - IMF puts financial losses at ...
ft.com - 4/23/2009
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ft.com —
The global economy will contract sharply this year
and recover only sluggishly in 2010, the International Monetary...
Fund said on Wednesday as it called on governments to sustain or even increase fiscal stimulus next year. The IMF said that world output ...
(more)
FT.com / World - IMF sees 1.3% drop in global output
ft.com - 4/29/2009
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ft.com —
A masked customer checks masks at a sales
department for traveling gear at Tokyu Hands in Tokyo's...
Ginza shopping district Tuesday, April 28, 2009. The store hurriedly rearranged the shelf earlier in the day to offer items as masks and goggles for ...
(more)
FT.com / Global Economy - Swine flu spread points to ...
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Further reading
FT Alphaville —
... on Wall Street. - How old is your fund manager? (HT Abnormal Returns. ) - Playing smoke’n'mirrors with warrants. - Active managers: The (horror) show goes on. - A big hole in the deflation argument. - TPG proves that ‘ biggest’ doesn’t mean ‘best’. - Subprime loans, corporate-style. - Zen and the art of Bank of America options. - 10 reasons to avoid bank stocks. - More contraction, more job losses, more gloom from Roubini — again. - Why Darling’s 50 per cent tax will backfire. - The “money ...
Weekend Linky Dinks
UpsideTrader —
... that I found interesting: I twittered last week that though MSFT was MMM with software, it’s jumped the shark, but I guess that’s OK. American Casino is coming to a theater near you, the first movie on subprime, Where is Moore and Stone? Dr. Phil Pearlman on why Twitter matters. Me and some stock guys talk stocks . Power to the hedge funds. How Madoff did it. Fannie’s own Ponzi Corporate S ubprime will fuel defaults Roubini is still bearish and I’m still listening. Why I fired my broker. Jon ...
Related: the global economy is in the middle of a synchronized contraction that will push global growth into negative territory in 2009 for the first time in decades. this will be the worst financial crisis since t
IMF: Negative Global Growth for First Time Since WWII
econompicdata.blogspot.com 4/23/2009 — Voice of America reports: The IMF says the world economy will shrink by 1.3 percent this year, its worst performance in more than 60 years. It says recovery is expected to begin only at the end of the year and that growth will recover to only 1.9 ...