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12-01-2008, 03:02 AM
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| Registered User   |  world economy faces its worst downturn since the Great Depression! The United Nations says the world economy faces its worst downturn since the Great Depression. It expects world economic output to shrink by as much as 0.4% in 2009, due to a slump among developed countries - particularly the US and in Europe. This would mark the world economy's first year of contraction since the 1930s, the UN said. Bummer.......  BBC NEWS | Business | World economy 'weakest since 30s' |
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