UN sees slow 2010 global recovery

Posted by 7Star Thursday, December 3, 2009

The United Nations on Wednesday predicted a fragile world economic recovery next year from a two-year crisis and said the risk remained of a "double-dip" recession. Stimulus packages deployed by many rich nations had played a large part in ending the downturn that began in 2007 and that has been widely blamed on the collapse of a global housing bubble, said a report by the UN economic division.

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