Internet economy could shrink in 2009:
THE internet economy could shrink in 2009 because of the worldwide downturn, the OECD warned Monday in a report that forecast contraction of the semiconductor industry and cutbacks by corporate customers.
``The world economy is expected to shrink by 2.6% in 2009, according to the pessimistic scenario of the forecast presented in January,'' the world body said in a mid-year report by UN Department of Economic and Social Affairs.