Posts Tagged ‘world bank’

Feel Optimistic When Things Are Getting Worse

Wednesday, March 18th, 2009

It looks like things are getting worse. As on 8 March the World Bank announced the shortfall of 270-700 billion dollars for developing countries in 2009. The recession with the unemployment tendency is observed in 94 of 116 developing countries. We are expecting the biggest economic shrink since World War Two with the strongest negative impact on Asian countries. (more…)