World Bank slashes growth forecast amid global financial crisis (People's Daily)

&$ &$World Bank President Robert Zoellick attends a news conference during the G20 Finance Ministers and Central Bank Chiefs Meeting in Sao Paulo Nov. 8, 2008. (Xinhua/Reuters Photo)&$ &$ The World Bank on Tuesday lowered its growth forecast for the world economy to only 1 percent in 2009 due to the impacts of the global financial crisis. Meanwhile, the bank lowered its growth forecast for …

Source:World Bank slashes growth forecast amid global financial crisis (People's Daily)

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