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The American Empire in a Changing World



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Tuesday, May 22, 2012

''OECD Warns of 'Severe Recession' Looming for Eurozone''

From AP via AOL

''The 17-country eurozone risks falling into a "severe recession," the Organization for Economic Cooperation and Development warned on Tuesday, as it called on governments and Europe's central bank to act quickly to keep the slowdown from dragging down the global economy.''


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