Economics

The Evidence Mounts That the Global Recession Is Already HereĀ 

  • WTO slashes its forecasts for world trade and GDP growth
  • Countries urged to cooperate rather than adopt export curbs
Goldman Sachs Sees Equities Falling Before `Strong Rebound'
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The evidence is mounting that March marked the start of a global recession. And according to the World Trade Organization, that might be the optimistic scenario.