Forbes.com, 6 Oct 2008, Reuters
SINGAPORE, Oct 6 (Reuters) - Singapore will see an economic slowdown that could last several quarters as the subprime mortgage meltdown has evolved into a global economic crisis, Finance Minister Tharman Shanmugaratnam said in remarks published on Monday.
'It is no longer just a financial crisis,' the pro-government Straits Times newspaper quoted him as telling party workers.' It is now an economic crisis.'
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