PDA

View Full Version : Singapore Economy May Shrink by Record 9% as Trade Collapses - Bloomberg



NewsWhore
04-14-2009, 12:50 AM
<img alt="" height="1" width="1">
Singapore Economy May Shrink by Record 9% as Trade Collapses (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601068%26sid%3DaCEVVEZjqs78%26refer%3Dhome&cid=1332733454&ei=sRfkSYxEl4hCrvX0hwg&usg=AFQjCNEXsYKiB3BXnBVTHuW5Wdt6GYsItA)
Bloomberg
“The wider band gives them the flexibility to weaken the currency now, and steer it to strengthen when things get better.” The worst global economic slump since World War II has pushed Asia’s trade-dependent nations into the region’s deepest slowdown ...


More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601068%26sid%3DaCEVVEZjqs78%26refer%3Dhome&cid=1332733454&ei=sRfkSYxEl4hCrvX0hwg&usg=AFQjCNEXsYKiB3BXnBVTHuW5Wdt6GYsItA)