THE current episode of the US financial crunch is expected to drag the entire global economy into recession.
The International Monetary Fund (IMF) says the US economy may shrink 0.7 percent by the end of the fourth quarter of 2008, while growth in other centers of capitalism such as Europe, Japan and Canada would substantially slow down to 0.9, 1.4 and 1.3 percent, respectively.
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Cover Story
THE current episode of the US financial crunch is expected to drag the entire global economy into recession.The International Monetary Fund (IMF) says the US economy may shrink ...
News
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Commentary
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Stats and Numbers
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