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recession |
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recessionIn economics, a fall in business activity lasting more than a few months, causing stagnation in a country's output.
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One contributor writes: "Should cocaine and all of its related narcotics disappear, our nation, and others, could suffer a serious economic recession. The broad exclusion of all future acts of terrorism from all property and liability insurance policies could trigger another decline in the volume of such construction, and in the end, it could drag the entire nation back into an economic recession. After weathering four years of economic recession, Buenos Aires captured a respectable second place among the Latin American cities featured in the survey, followed by Santiago. |
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