Impact of economic crisis could last years
General Ban Ki--moon warned at a UN financial summit Wednesday that the impact of the global economic crisis could last for years with millions more families pushed into poverty, and he urged rich nations to mobilize the money to help hard--hit developing countries.
A year of complete stagnation awaits the eurozone economy in 2012, according to a Reuters poll of economists, who said a recession has already started that will last until the second quarter of next year.