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February 16, 2009

UN: 50 Million Workers to Lose Jobs Due to Economic Crisis
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In economic news, the UN’s International Labor Organization is
estimating the global economic crisis could result in a staggering 50
million workers to lose their jobs. The UN agency’s chief Juan Somavia
said, “I sense a huge popular frustration brewing.” Somavia said the
current economic squeeze is "provoking tensions, political uncertainties
and even possible security risks.” Last week, Dennis Blair, the nation’s
new Director of Intelligence, warned that the current global economic
crisis has become a greater security concern to the United States than
terrorism.



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