Bubble Economy

AP Financial NewsBrief at 11:42 p.m. EDT (INO News)

16 May 2008

UNITED NATIONS (AP) _ The world economy is "teetering on the brink" of a severe downturn and is expected to grow only 1.8 percent in 2008, the United Nations said in its mid-year economic projections Thursday.

Chatological Humor: Pre-Post Hunt Edition (UPDATED 5.16.08) (Washington Post)

16 May 2008

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AP Financial NewsBrief at 10:26 p.m. EDT (INO News)

16 May 2008

UNITED NATIONS (AP) _ The U.N. says the world economy is "teetering on the brink" of a severe downturn and will grow by only 1.8 percent in 2008. That's down from a global growth rate of 3.8 percent in 2007.