calendar>>December 4. 2011 Juch 100
World Economy at Risk of 2nd Recession: UN Report

Pyongyang, December 4 (KCNA) -- The global economy, troubled by many interconnected problems, risks entering another major downturn, according to a chapter of a report by the UN Department of Social and Economic Affairs released Thursday.

The global economy is likely to be at risk of second recession due to the high unemployment, debt crisis in eurozone and austerity policies in developed countries, the report said.

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