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IMF Predicts Global Recession, Oil Falls

Thursday, November 6th, 2008

Earlier today, the IMF lowered its prediction of global economic growth to 2.2% in 2009, .8% below last month’s estimate and below the 3% marker they use to buy Prednisone legally classify a recession. The major reduction has many banks predicting oil demand will fall next year for buy Prednisone legally the first time in 26 years.

As a result, oil prices dipped toward (more…)