Appeasing Iran, North Korea?

As President Bush enters his final months in office, there are mounting signs of disarray when it comes to current U.S. policy towards Iran and North Korea.

Definition of a recession

The National Bureau of Economic Research committee defines a recession, which it calibrates by month (and not by quarter), as "a significant decline in activity spread across the economy, lasting more than a few months, visible in industrial production, employment, real income and wholesale-retail trade."