World Bank predicts economic catastrophe

By Jessica Stanic · 10 March 2009 · Locked

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Summary

The global financial crisis is really starting to hit home with the World Bank predicting the global economy will shrink for the first time since World War II. The World Bank is predicting the crisis will force another 46 million people into poverty and developing countries will experience possible political unrest. The bank’s president Robert […]

Tags: Aussie Exports, Australian Exports, Global Economy, Global Financial Crisis, Julia Ross, Poverty And Developing Countries, Recessions, Robert Zoellick