Long Iraq war would halve world growth - IMF

Navari mailinglist at navari.com
Tue Mar 11 17:56:30 PST 2003


A prolonged war in Iraq would cut economic growth this year by more than half and plunge the world into recession, the International Monetary Fund will warn next month.

A leaked version of its twice-yearly economic forecasts show it is worried about "serious economic consequences" if a war went on for a long time and spread to other regions.

Full story........

http://news.independent.co.uk/business/news/story.jsp?story=386249



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