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The global crisis will likely worsen in 2009

Posted on 17 December 2008

From Msnbc.msn.com: Battling the worst financial crisis in nearly 70 years, the world economy will brake sharply in 2009, with the United States, Western Europe and Japan in recession.

Developing economies in Asia, Africa and the Middle East will experience curtailed growth due to plunging commodity prices and a world trade contraction, but likely will escape the red ink….. Full Article: Source


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VRS - who has written 39456 posts on Opalesque Commodities Briefing.


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