And Japan is already slipping back into recession because of the earthquake.

But even this is almost surely better than a depression.

The bubble has now burst, and these economies are heading into a steep recession.

PARIS With the deepening of the economic crisis and the prospect of another recession looming large on the horizon, growing social inequality has become an increasingly urgent issue.

But, above all, he has tried hard to secure Republican support for his efforts to prevent the economy from disappearing into a deep recessionary hole.

As early as October 2008, when the crisis first hit, China s government adopted a comprehensive policy package designed to prevent the economy from sliding further.

If that happens, the risk of stall speed or an outright double dip recession would rise sharply in many advanced economies.

Assistance in economic, humanitarian or other fields may be provided at the request of a country to avoid slipping towards conflict.

Coupled with fears of a double dip recession in the United States, the European debt crisis is dragging the global economy into another cycle of financial panic and economic recession.

Even if the country avoids going over the fiscal cliff, a poorly designed political compromise that cuts the deficit too quickly could push an already weak economy into recession.

Europe is already a heavy user of gas, but its consumption is stagnating (along with its economy).

CAMBRIDGE The United States may be headed for a recession in 2013.

It can choose to lead the Middle East into vibrant multi sectarian democracy or slump back into corrupt local politics under foreign tutelage.

BERKELEY The odds are now about 36 that the United States will be in a recession next year.

The US is now headed towards recession, regardless of what the Fed does.

Such a coordinated response will need to address immediate short term problems as well as provide medium term solutions without plunging the world economy into another painful recession.

In 2009 she returned to India in the wake of the economic recession and moved to Mumbai to stay with her cousin, Priyanka.

So it was good news for everyone when the US economy began expanding in the summer of 2009, 19 months after falling into the recession that officially started in December 2007.

Only a major recession could break this cycle otherwise, we are headed for an energy crisis.

And if he fails? The Middle East will continue its slide into mayhem perversely befitting the upcoming centenary of World War I s outbreak.

CLAREMONT, CALIFORNIA The debt crisis in Europe is no longer a European affair. Coupled with fears of a double dip recession in the United States, the European debt crisis is dragging the global economy into another cycle of financial panic and economic recession.

That may prevent the world economy from falling into recession.

As a result, the slide was halted, and the rebound was faster than forecasters expected.

Such a mini bargain would go a long way toward reducing the risk of a serious US recession.

LONDON I have become increasingly less hopeful about prospects for a rapid recovery from the global recession.

PARIS With the deepening of the economic crisis and the prospect of another recession looming large on the horizon, growing social inequality has become an increasingly urgent issue. How does one reinforce a sense of solidarity and responsibility within a country?

Is the world economy on the brink of recession?

LONDON As the world recovers from the Great Recession, it has become increasingly difficult to discern the true trend of events.

The full agenda would have been much easier to implement successfully if the assumptions about the nature of the recession and the likely path of recovery had been accurate.

Many Africans will fall back into desperate poverty.

Skates now cut into the ice instead of gliding on top of it.

Likewise, the recent recession was officially dated as starting in December, 2007, but it could equally well have been dated as starting in the summer of 2008 because, in the interim, the economy grew.

Banks magnify the boom by making credit too easily available, and they exacerbate the bust by withdrawing it too abruptly.

The question is how to keep surveillance off the slippery slope to unaccountable snooping.

The role that high oil prices played in the summer of 2008 in tipping the global economy into recession should not be underestimated.

The inflation may be severe, implying massive unjust redistributions and at least a temporary grave degradation in the price system s capacity to guide resource allocation. But even this is almost surely better than a depression.

Ironically, emissions have not decreased as a result of these policies, but are doing so now as the world economy moves into recession.

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