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Grim
show: Economists slash US GDP forecasts
New York:
Gloom about the US economy's prospects is increasing among
private
economists who have slashed forecasts for gross domestic
product after a slew of data showing hefty job losses
and sluggish factory output.
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More
than war ailing world economy - IMF
New York: The International Monetary Fund said that
the world's economy would only grow moderately this year.
An expected swift end to the Iraq war may leave lingering
security worries that could crimp global activity for
decades, it said.
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