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The global economy is set to shrink by around 1 to 2 per cent in 2009
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The World Bank predicted that the global economy will shrink this year for the first time
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On Friday the World Bank issued a press release predicting devastating figures on poverty around the globe.
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As the global economic crisis takes its toll on countries around the globe. as well as their automakers, banks, construction and property firms, the latest victim of the economic crisis is world trade.
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