What mainly stands between the world and an economic setback worse than anything since the Great Depression of the 1930s is the present momentum of growth in America (above all) and Europe.

ECONOMIST: Heading for meltdown? | The

This setback for economic liberalisation comes at a bad time.

ECONOMIST: Takeovers in Europe

Stockmarkets suffered a setback in the summer of 2011, for example, because economic growth turned out to be weaker than expected.

ECONOMIST: The markets will reveal which is right

Paris could offer additional political and economic incentives to win the contract for Areva, which suffered a major setback recently when it lost a contract in the United Arab Emirates to a South Korean firm.

FORBES: Poland's New Nuclear Ambitions

On the economic front, Bush made a pitch for legislation designating Lower Manhattan as a "liberty zone" as part of an economic stimulus bill, which he still hopes to see passed despite a Senate setback.

CNN: Bush says he'll deliver $20 billion to NY

India projected that its economic growth would be 5% in the year ending March 31, the weakest in a decade, dealing a setback to hopes that the nation would be a driver of global recovery.

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