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  • A "V-", "U-", "W-" or "L-shaped" recession?

    There is now general agreement that we are in a global recession. The World Bank's new 'Global Economic Prospects' report forecasts global GDP growth of 2.5% in 2008, and just 0.9% next year. This is well below the 3% level that signals recession. And the Bank also forecasts that world trade...
    Posted to ICIS Blogs (Weblog) by Anonymous on 12-14-2008

  • A low-key G-20 meeting

    The first-ever G-20 meeting of Heads of State was a relatively quiet event , without the presence of President-elect Obama. Two main areas seem to have been discussed : • Regulatory reform, where finance ministers have been given until the end of March to work out new rules for the world's financial...
    Posted to ICIS Blogs (Weblog) by Anonymous on 11-18-2008

  • A downturn, not a dip (2)

    The blog first raised this issue last December , when noting that global chemical industry production growth had already "slowed significantly". At that time, it questioned whether "central bankers will be able to wave the magic wand that restores us to a growth path". And it warned...
    Posted to ICIS Blogs (Weblog) by Anonymous on 10-26-2008
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