<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/6b8f1a6a-96b5-46c0-a1c7-2adeeca5741c/32D3A362-A3F5-48E3-9CFA-4D58E821BFC3/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://economictimes.indiatimes.com/News/International-Business/Double-dip-recession-likely-Roubini/articleshow/4930615.cms" href="http://economictimes.indiatimes.com/News/International-Business/Double-dip-recession-likely-Roubini/articleshow/4930615.cms" style="font-size: 11px;">economictimes.indiatimes.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://economictimes.indiatimes.com/News/International-Business/Double-dip-recession-likely-Roubini/articleshow/4930615.cms"><ARTTITLE>Double-dip recession likely: Roubini</ARTTITLE></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://economictimes.indiatimes.com/News/International-Business/Double-dip-recession-likely-Roubini/articleshow/4930615.cms"><DIV> SINGAPORE: Nouriel Roubini, the New York University professor who predicted the financial crisis, said the chance of a double-dip recession is <TABLE cellspacing="0" cellpadding="0" align="left"><TBODY><TR><TD align="left" id="bellyad"></TD></TR></TBODY></TABLE> increasing because of risks related to ending global monetary and fiscal stimulus. </DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://economictimes.indiatimes.com/News/International-Business/Double-dip-recession-likely-Roubini/articleshow/4930615.cms"><DIV> The global economy will bottom out in the second half of 2009, Roubini wrote in a Financial Times commentary on Monday. The recession in the US, the UK, and some European countries will not be “formally over” before the end of the year, while the recovery has started in nations such as China, France, Germany, Australia and Japan, he said. </DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://economictimes.indiatimes.com/News/International-Business/Double-dip-recession-likely-Roubini/articleshow/4930615.cms"><DIV> Governments around the world have pledged about $2 trillion in stimulus measures amid the worst worldwide recession since the Great Depression. Federal Reserve chairman Ben S. Bernanke and other global policy makers have cautioned that the recovery is likely to be muted, indicating they would not soon remove all the stimulus injected into the financial system. </DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/32D3A362-A3F5-48E3-9CFA-4D58E821BFC3/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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