Economy - Voice of America: UN: Facing Eurozone Risks, Asia-Pacific Must Hasten Integration

Economy - Voice of America economy-and-business

UN: Facing Eurozone Risks, Asia-Pacific Must Hasten Integration May 21st 2012, 16:38 BANGKOK -- A panel of the U.N. Economic Commission for Asia and Pacific says exports, which are historically the region's traditional growth driver, are slowing due to the Eurozone debt crisis and uncertainties in the United States. UNESCAP's panel has lowered the Asia-Pacific region's growth outlook to 6.5 percent in 2012, from last year's 7.0 percent, and the U.N. group's Executive Secretary Noeleen Heyzer said new economic drivers are needed in the increasingly uncertain ...

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