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View Full Version : Bank of Korea Forecasts Economy to Shrink 2.4% in 2009 - Bloomberg



NewsWhore
04-10-2009, 07:30 AM
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Bank of Korea Forecasts Economy to Shrink 2.4% in 2009 (http://news.google.com/news/url?sa=T&ct=us/8-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DaOnM91arnh2I%26refer%3Dasia&cid=1330455252&ei=XSHfSb6mHIKmM4HR_O4G&usg=AFQjCNGdDOuGIu3QiVbMRtpx3GzTalaKYA)
Bloomberg
By Seyoon Kim April 10 (Bloomberg) -- The Bank of Korea forecast the nation’s economy will contract for the first time since 1998 as exports and domestic demand weaken on the back of a global slump. The economy will shrink 2.4 percent this year after a ...


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