{"id":32659,"date":"2012-05-23T09:01:40","date_gmt":"2012-05-23T09:01:40","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/ap_eurozone_warned_severe_recession_looming\/"},"modified":"2012-05-23T09:01:40","modified_gmt":"2012-05-23T09:01:40","slug":"ap_eurozone_warned_severe_recession_looming","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=32659","title":{"rendered":"(AP) Eurozone warned &#39;severe recession&#39; looming"},"content":{"rendered":"<p>The 17-country eurozone risks falling into a &#8220;severe recession,&#8221; the Organization for Economic Cooperation and Development warned on Tuesday, as it called on governments and Europe&#8217;s central bank to act quickly to keep the slowdown from dragging down the global economy.<\/p>\n<p>OECD Chief Economist Pier Carlo Padoan warned the eurozone economy could contract by as much as 2% this year, a figure that the Paris-based organization had laid out as its worst-case scenario in November.<\/p>\n<p><a href=\"http:\/\/www.usatoday.com\/money\/world\/story\/2012-05-22\/europe-risks-severe-recession\/55129116\/1\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 17-country eurozone risks falling into a &#8220;severe recession,&#8221; the Organization for Economic Cooperation and Development warned on Tuesday, as it called on governments and Europe&#8217;s central bank to act quickly to keep the slowdown from dragging down the global<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=32659\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,40,50,460,582,589,595,592,149,591,200,590,119,585,596],"tags":[],"class_list":["post-32659","post","type-post","status-publish","format-standard","hentry","category-culture-watch","category-economics-politics","category-international-news-commentary","category-european-sovereign-debt-crisis-of-2010","category-consumerconsumer-spending","category-corporationscorporate-life","category-credit-markets","category-currency-markets","category-economy","category-euro","category-europe","category-european-central-bank","category-globalization","category-the-banking-systemsector","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/32659","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32659"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/32659\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}