PM Lee says Recession far from bottoming out

Wednesday, June 3, 2009

Singapore Prime Minister Lee Hsien Loong has warned that it may be too hasty to pronounce that the recession has bottomed out. Even though the US has spoken of potential green shoots in the economy, Mr Lee noted that what has happened is that things are turning bad slower.

Even as governments focus on fixing the economy, Mr Lee pointed out that they must not neglect long-term issues like climate change. To read more at CNA.

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