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shared by Kirll Shaman on 12 Dec 08 - Cached

recovery may be postponed until later in 2010.
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extend its estimate of the duration of the recession by at least a quarter, with unemployment peaking in 2010-11.
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Europe's biggest economy would contract by 2%
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come to a standstill in 2009, with the EU economy growing by just 0.1%,
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China reported the first drop in its exports for seven years,
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