Worse news, everyone: The economy shrunk 2.9%, the most since 1Q2009

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 · I agree, and so does the Office for Budget Responsibility. Taking into account all the Government’s measures from the autumn statement, the OBR has concluded that they will add just 0.1% to UK GDP over the next five years. The economy is shrinking this year. Growth next year-forecast at 2.9% just two years ago-is now forecast at just 1.2%.

At this time, I would like to welcome everyone to the McClatchy second quarter 2009 earnings. Our digital advertising was down 2.9% in the second quarter of 2009, hurt particularly by declining.

Much ado about China’s Hu; did he order Obama to resign or was Hu blackmailed? By Benjamin Fulford Weekly Reports , White dragon society 559 Comments High level sources have provided us with a flurry of contradictory news about Chinese President Hu Jintao and what promises he extracted during his January visit to Washington.

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LONDON (Alliance News. down 2.9% after Goldman Sachs restarted coverage on the broadcaster with a Neutral rating. "Gold is picking up safe haven bid as this decline is not just about valuations but.

Imports in January surged by 9.8 percent to 5.985 trillion yen as purchases of natural gas and coal shot up further. Demand for fossil fuel in the country has increased considerably since the earthquake-tsunami disaster last year which was sparked by the world’s worst nuclear accident in 25 years.

Chote’s answer: Almost everyone. by 2.9% in November, showing deflation accelerated after October’s reading of minus 2.0%. Prices in Greece have been falling steadily over the last three years,

The U.S. economy shrunk by 2.9% in the first quarter, far worse than the -1% revision reported May 29, and sounding an alarm among serious financial analysts who see it as a harbinger of recession.