UN report warns of another downturn

Via IOL Business | 18 Jan 2012 - 05:00:00

The UN warned yesterday that the world economy “is teetering on the brink of another major downturn”. In its World Economic Situation and Prospects 2012 report, released yesterday, it said: “A renewed global recession is just around the corner and the developed economies are on the brink of a downward spiral.” Source