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Fitch Predicts Steep Global Recession

Nov 5, 2008

Fitch expects the major advanced economies – US, UK, Euro area and Japan – to next year experience the steepest decline in GDP since World War II. Aggregate GDP is expected to contract by 0.8% in 2009, compared to...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management