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MaximsNews Network: UN WORLD ECONOMIC SITUATION AND PROSPECTS

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Uploaded on May 29, 2009

The UN revises its previous forecast and predicts a steeper economic decline of 2.6 percent for 2009. Launching the mid-year report "World Economic Situation and Prospects 2009" Rob Vos, Director of the Development Policy and Analysis Division at Department for Economic and Social Affairs (DESA) says that "nearly the whole world has ended up in recession" following the financial crisis. UNTV / WORLD BANK / UNIFEM / MINUSTAH. May 2009

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