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Commodities Briefing - Categorized | Commodity Crisis, Market Pulse more

World Bank sees gloomy trade prospects for 2009

Posted on 22 December 2008

From Bdafrica.com: The global financial crisis has dimmed short-term prospects for developing countries and the volume of world trade is likely to contract for the first time since 1982, the World Bank says in a new report.

It says a sharp slowdown of the global economy has caused commodity prices to plummet, ending a historic five-year boom….. Full Article: Source


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VRS - who has written 36970 posts on Opalesque Commodities Briefing.


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