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European Debt Crisis, High Unemployment Threaten to Slow Down Global Economy – UN

NEW YORK–(ENEWSPF)–17 January 2012.  Countries throughout the world will experience an economic slowdown this year as the sovereign debt crisis in Europe continues to unfold, according to a United Nations report launched today that also warns that governments must urgently address high unemployment rates, particularly among youth.

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The World Economic Situation and Prospects 2012(WESP) report gives a detailed picture on seven geographical regions and forecasts that growth rates for the next two years will…

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