Alan Greenspan, the Federal Reserve chairman, suggested today that the central bank would seriously consider cutting interest rates next week because of the deepening world financial crisis.
The first hurdle, the deepening world recession, is only getting worse, said professor Nebojsa Nakicenovic of the International Institute for Applied Systems Analysis in Laxenburg, Austria.
Unlike previous bear declines, the current slide hasn't been triggered by the usual forces of rising inflation and rising interest rates and an overheating U.S. economy, but rather by deepening world financial problems and the specter of deflation.
With that goal, the executive boards from the World Food Program, United Nations Development Program, United Nations Population Fund and UNICEF gathered on Friday to discuss ways of ensuring the success of the Millennium Development Goal to eradicate hunger in an atmosphere of ill-sustained agricultural production, widespread malnutrition, and a deepening world financial crisis.
The International Monetary Fund cut its forecasts for United States, Japanese, European and world growth for 2001 and next year, after the terrorist strikes on Sept. 11 deepened a world economic slowdown.
"Thatcher was someone who only deepened the world's differences and didn't try to find a peaceful solution," said Ernesto Alonso, president of the National Commission for Falklands veterans.
Our faculty's research has redefined how poverty should be measured and has deepened the world's understanding of grief, addiction, HIV/AIDS, and racial and ethnic health care disparities.
While Joni's bank account never recovered, the daring of her decision has only deepened the world's view of her as one of music's most revered artists.
As I became a bona-fide teen-ager, continuing to explore Bowie, along with the work of other musicians in and near his realm — Lou Reed and the Velvet Underground, Iggy Pop, Mott the Hoople, T. Rex, the Pixies — broadened and deepened my world.
As the European debt crisis deepens, world leaders have increasingly looked to Merkel for help.
