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Motley Fool Global Gains / GGT: Act Globally


Subject:  A look at economic developments around the globe Date:  3/23/2009  12:05 PM
Author:  Starrob Number:  68 of 87

This was a world review done last Monday...I wish I could find a weekly review like this every week:

Here is the country that I am looking to invest in somewhere near the bottom. I got my eye out for Singapore:

"SINGAPORE -- Singapore analysts slashed forecasts for 2009 economic growth -- and now expect a severe recession -- as the global slowdown hurts demand for the city-state's exports. The country's gross domestic product will likely shrink 4.9 percent this year, according to the median forecast of 20 economists in a quarterly survey released by the central bank. But they expect a recovery by 2010, when the economy is seen expanding 3.3 percent. "
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