The warning was a global one as consumers and businesses around the world are delivering fewer goods.
Global One has been especially fraught in recent months because of the ill-tempered jockeying between Sprint's European partners.
As in a national economy, so in a global one: Capital will flow where its aftertax returns are highest.
Vitorino denied there is a contradiction between this European approach and the global one being debated in the Hague Convention.
Global One customers are still paying bills to Sprint, under Sprint's arrangement to distribute those services in the U.S. until 2003.
Unlike the investment-banking business, in which banks compete internationally for custom, the retail financial-services industry is not yet a global one.
Telekom lost a lot of time squabbling over Global One, which was the vehicle through which it serviced its multinational clients.
The comparison, they say, is not between local deals and a global one, but between regional deals and no deals at all.
Though Delepine often mocks the "troika of interests" that tried to run Global One, he's crafty about forging partnerships of his own.
Under the sale agreement, Telekom clients may continue to use Global One, now wholly owned by France Telecom, for up to two years.
European leaders in difficulty queue up to underline that the real problem is not a national one but a European or even a global one.
Whether Global One ever stood a chance of success is debatable.
All this matters because Gordon Brown's best line of defence is that the crisis is a global one and that his solution has been adopted around the world.
English is now a truly global one and, backed by the weight of American culture and money, is widely for understandable reasons seen as a threat to French culture even in France.
It may be difficult to believe that the NFL could ever fall from its perch or that there is anything to stop it from situating itself on a greater, more global one.
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Parents stop using traditional tongues, thinking it will be better for their children to grow up using a dominant language (such as Swahili in East Africa) or a global one (such as English, Mandarin or Spanish).
Another factor propelling Sprint into the arms of a suitor is the seemingly inevitable dissolution of Global One, the firm's ill-fated alliance with France Telecom and Deutsche Telekom that was supposed to offer a one-stop communications shop for big corporate customers.
Mr Connelly's story is a global one, partly because so many of the groups seeking to influence the reproduction of others were transnational, but also because often it was those in one country who wished those in another to have fewer children.
After the demise of MF Global, one could call Jefferies and CEO Richard Handler survivors.
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He plays another vital role at FORBES GLOBAL, one that is perhaps the most behind-the-scenes.
That said, three phones did stand out just a little: the iPhone 4, 4S and global HTC One X.
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It looks like the global HTC One, and performs like it too.
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Kraft Foods, the maker of everything from Easy Mac to Oreo cookies, plans to split up into two businesses Thursday, and based on the current landscape in the global economy one may be much more attractive than the other.
Today, four out of five people with NCDs live in low- and middle-income countries, and the World Economic Forum has identified NCDs as one of the top four global risks and one of the most important threats to businesses and economies.
What a difference one global economic meltdown and the rise of our own gilded one percent makes!
They are most likely to be the last one in the mansion as global central bankers exit one after another leaving it to turn out the lights.
Indeed, only one global surface record source shows a slight increase in the temperature since 2001.
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Tourism represents over 5% of the global GDP and one in every 12 jobs worldwide.
Where many feel we are headed in the next five years is into one global, humungous WSN.
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