Obama ‘not concerned’ over new recession threat

By Agence France-Presse
Tuesday, June 7, 2011 12:26 EDT
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WASHINGTON (AFP) – US President Barack Obama on Tuesday rejected concerns about a second US recession amid a raft of poor data on US economic growth.

“I am not concerned about a double-dip recession,” Obama said at a press conference with German Chancellor Angela Merkel, while acknowledging that there was “enormous work to do” to strengthen a US economic recovery.

Agence France-Presse
Agence France-Presse
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