Global Assumptions

October 2011
Singapore Tourism Report;Q4 2011, Issue 4, p50
Industry Profile
The article discusses the latest developments in the global economy as of October 2011. It cites that the ability of the U.S. government to pass a law that extends the federal debt limit has prevented a further decline in the global economy. It claims that projections for gross domestic product (GDP) results for such countries as Japan, Great Britain and Canada in 2011 and 2012 have declined.


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