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UN: NO RECOVERY UNTIL 2010

The UN has downgraded their growth expectations to -2.6% in 2009. This is well below their prior expectation of -0.5%. They expect a “mild” recovery in 2010 assuming policy actions take hold. The full report can be found below:

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    steve

    So I see the UN is taking time off from passing resolutions condemning Israel, in order to get involved in economic forecasting. Nice blog, but this is not important or useful news in any way shape or form.

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