Sentences with phrase «serious global economic downturn»
The collapse of US banking giant Lehman Brothers in September 2008 precipitated a worldwide financial crisis which by 2009 had developed into a serious global economic downturn.
http://www.politics.co.uk/ Not exact matches
Global stocks are in meltdown mode, the pound is getting clobbered, and analysts are getting antsy about the possibility of a serious economic downturn in the UK and elsewhere.
The grim bottom line (for those emerging from recently melted ice caves): Bring carbon dioxide emissions under control within the next few years or face serious consequences, including rising sea levels, reduced agricultural productivity and a global economic downturn.