NEWSWEEK Cover: A New Kind of Recession
In the June 16, 2008 issue of Newsweek (on newsstands Monday, June 9), "A New Kind of Recession," Senior Editor Daniel Gross and Newsweek International Editor Fareed Zakaria explain why upbeat forecasts for a quick economic turnaround were wrong and what can pull us out of this financial crisis. Plus: Barack Obama and John McCain's shortlists for vice president, the bizarre side of the Gitmo trial, Tufts University's Nerd Girls and the latest mercenary videogame, Metal Gear Solid 4. (PRNewsFoto/NEWSWEEK) NEW YORK, NY UNITED STATES 8 Jun 2008 17:18 Africa/Lagos NEWSWEEK Cover: A New Kind of Recession Changing Our Approach in Handling the Current Financial Crisis Will Be Key to Turning Economy Around Despite Optimism, Employment Rates, Oil Prices and Market Drops Indicate a Quick Economic Turnaround is Not Likely NEW YORK, June 8 /PRNewswire/ -- Hopes for a quick economic turnaround were essentially dashed on Friday when the Labor Department reported that Amer...