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Israel responded promptly to the global crisis despite political limitations, but economic stimulus measures need to be contained to avert a ballooning budget deficit.
Global Recession And Implications For Developing Countries. The global financial windstorm which has caused the meltdown of the financial system in the US and elsewhere has yet to settle down.
It would be crony capitalism. Giants must learn that foreign borrowing carries unanticipated risks of the sort evident today.
The US oil and power companies, including, Arab petrol dollars and credit rating agencies also paved the way for crisis and it seems that America will drown itself in Asian cash