11. Besides the antitrust suit, the company faces strong business competition and a global recession that could restrict its phenomenal growth. 12. Both have been reluctant to act as strongly as the Fed to counter a potential global recession. 13. Both previous shocks resulted in double-digit inflation and global recession. 14. A global economic recession choked foreign investments. 15. A true global recession would not only be painful, but it would carry huge dangers, encouraging countries once again to retreat behind protectionist barriers. 16. A worsening decline in stock prices expanded Thursday to damage every market worldwide on growing concern about financial turmoil and the possibility of a global recession. 17. All that now seems to stand between the world and a slide into global recession are U.S. consumers, armed with wallets full of credit cards. 18. But the World Bank warned that a global recession next year was a possibility if things go wrong. 19. But they also came at a time when there was talk of the first global recession in a quarter century. 20. Clinton this week convened the top financial policy makers of the leading economic powers to sound the alarm about the growing threat of a global recession. |