Gordon Brown appeared to acknowledge for the first time today that the world economy was heading for a 1930s-style "depression".
Mr Brown stumbled slightly over his words at Commons question time, just a week after admitting that Britain was facing a "deep" recession....
Read more Predicts World Depression
Source: timesonline
Wednesday, February 4, 2009
World Heading for a 'Depression', Gordon Brown
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depression,
gordon brown,
uk recession,
world recession