UPI.com, 5 Mar 2009
SINGAPORE, March 5 (UPI) -- Hard times are pushing nations to retreat from globalization, U.S. economist Jeffery Sachs said.
"Nationalism is rising and our political systems are inward looking, the more so in times of crisis," Sachs said.
A retreat in international trade is visible in the harbor at Singapore, where a shipping executive said space to park ships is hard to find, The Washington Post (NYSE:WPO) reported Thursday.
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