Sunday, 4 January 2009

JAMAICA: The global recession and its likely impact

DIANE ABBOTT
Sunday, January 04, 2009

AS 2009 dawns, we are facing one of the most serious worldwide recessions of the past hundred years. Not every country will be affected equally. So the question for Jamaicans is: What will be the effect of the global recession on our island in the sun?

DIANE ABBOTT

Some consequences will be direct. Ordinary Americans are going to see unprecedented job losses and an increasing struggle to survive financially. This may affect Jamaica's tourism industry. Read more

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