"The world economy is now entering a major downturn in the face of the most dangerous shock in mature financial markets since the 1930s,"
Forecasters see U.S. leading global downturn. IMF predicts credit crisis will cut world economic output sharply..
The world economy will slow sharply this year and next, with the United States likely sliding into recession reflecting
Read more Recession, U.S.A.
Source: msnbc
