FT has provided forecasts for 2009 on various pertinent questions, answers to which are concise and succint, from its top correspondents and editors from various fields such as foreign affairs and science among other specialities. The forecasts are insightful and quite useful for businessmen and advisers alike.
Some excerpts:
Q: "Will oil end the year above $40 a barrel?
Ans: But my best guess is that oil is more likely to end the year below $40 than above it. Ed Crooks"
Q: "Will the recession end in 2009?
Ans" " No, as far as the US, the UK, Spain and Ireland are concerned; possibly Yes for other European economies and Japan. Whatever happens, 2009 will not be pleasant.
.......But even if we experience genuine green shoots of recovery, as I expect, 2009 will be a year to forget. Chris Giles"
Read on...the video is interesting too.
Recession, recovery, trade war and artificial life – welcome to 2009
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