All Posts Tagged With: "world gdp"

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Europe and Japan are in recession

It’s official, for what it’s worth. Both Europe and Japan are in recession. The Eurozone contracted by 0.2% for the second straight quarter. Germany (the largest economy in Europe) and Italy (fourth largest) both shrank in the third quarter. Japan’s economy-the world’s second largest-shrank by almost half a percentage point in the third quarter.

November 18th, 2008 | Dan Denning | 4 comments | Continued
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