11.   Facing severe recessions and worsening financial turmoil, world leaders and economic and social experts will discuss the pros and cons of global interdependence at a conference beginning Thursday.

12.   He said it was not true at all that these countries were facing massive recession or that a lot of the mistakes were made by the Governments.

13.   Now both the United States and Japan faced recession together.

14.   Some analysts have predicted that Indonesia could face recession next year.

15.   But the austerity plan has failed to reassure the financial markets and antagonized local business, who now face a recession.