And now, with Europe and Japan being in dire straits as well, Asia may no longer be immune to the global slowdown.
Singapore's economy could also see some slowdown as the world economic outlook becomes uncertain. And a global recession is more likely than not as the US and European economies are at "stall" speed.
That's according to Finance Minister Tharman Shanmugaratnam, who was speaking at the third World Bank - Singapore Infrastructure Finance Summit Tuesday.
ORIGINAL SOURCE
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