The World Bank says the global economy will shrink this year for the first time since the 1940’s. Falling demand in the West has led to the sharpest drop in world trade in 80 years. Millions of jobs are disappearing in developing countries. US intelligence agencies say political instability is becoming a greater threat to national security than international terrorism.
Global Recession and Insecurity
- Steven Schrage - Scholl Chair in International Business, Center for Strategic and International Studies
- Jonathan Broder - Newsweek - @Newsweek
- Joel Kibazo - Associate Fellow in the Africa Program, Chatham House
- David Sanger - White House and national security correspondent, The New York Times - @SangerNYT