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Following Ireland’s recent slide into recession territory, the OECD, a Paris-based economic think tank, reports that the U.K.’s economic doldrums have returned.

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As the national unemployment rate hovers quite stably below the double-digit mark, California's troubled economy continues to dive into despair. The state's jobless rate rose to 12.4 percent last month, renewing fears that California may fall into a not-so-delicious-as-it-sounds double-dip recession.

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