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Zoellick doesn't see global recession

Thursday, January 26, 2012 - 03:08

Jan. 27 - World Bank President Robert Zoellick says he doesn't believe the global economy will fall into recession but says the euro zone, especially Italy and Spain, will be the most critical issues of 2012. (Rough Cut - No Reporter Narration)

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ROUGH CUT (NO REPORTER NARRATION) STORY: World Bank President Robert Zoellick told Reuters during the World Economic Forum in Davos that global growth will slow this year. He says he's encouraged by the new government in Italy, but the country's new leader Mario Monti must sustain reform. Zoellick says he'd like to see Germany taking extra leadership in dealing with the euro zone crisis. He added that the United States economy has "modest momentum" but uncertainties in the marketplace remain.

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Zoellick doesn't see global recession

Thursday, January 26, 2012 - 03:08