UN warns of new economic crisis in 2012-2013

Read on the website Vestnik Kavkaza

 

The world must gear up for a new large-scale financial meltdown in 2012-2013. This thesis is contained in a UN report, unveiled on Friday, entitled "World economic situation and prospects", The Voice of Russia reports

According to the authors of the document, unemployment and financial problems plaguing the U.S. and the EU present the greatest risks.

The UN report on the world economic situation is compiled annually by experts of a number of agencies within the world organization.