Murdoch: “The worst is over” on the economy

Market Watch:

Chairman Rupert Murdoch, commenting on the most severe worldwide economic downturn in decades, said Wednesday that “it is increasingly clear that the worst is over.” Speaking to analysts on a conference call, Murdoch said: “There are emerging signs in some of our businesses that the days of precipitous declines are done and that revenues are beginning to look healthier.”

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