Adopting a wait-and-see approach.
After the war with Iraq and the emergence of Severe Acute Respiratory Syndrome, the worldwide economy is currently rather unstable. Keith Byrne says the uncertainty is best dealt with cautiously.
On a worldwide scale, the economy is unstable. The war in Iraq, withits massive implications on government spending, and the global concerns
surrounding the Severe Acute Respiratory Syndrome virus have left markets
operating under fears for their future.
For the past 10 years or so, the Asia Pacific has been dubbed the region
to watch, as the so-called tiger economies enjoyed massive economic booms
with their cheap labour and low overheads. Now, with the onset of Sars, it
has suddenly transformed
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