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| Worst Recession HIT Singapore |
08 Oct 08 10:58 pm |
| SINGAPORE, Oct 8, 2008 (AFP) - Singapore appears headed for its first recession since 2001 as the city-state suffers from a US economy wilting under its worst financial crisis since the Great Depression, Minister say. We are pencilling in the worst for Singapore.... We might see two straight years of (economic) contractions (from 2009 to 2010)" |
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