Washington (AP), “FED: Economy darkens heading into holidays”
Washington (AP):-The country’s economic picture has darkened further as Americans hunkered down heading into the holidays, forcing retailers to ring up fewer sales and factories to cut back on production.
The Federal Reserve’s new snapshot of business conditions nationwide, released Wednesday, suggested the economy was sinking deeper into recession.
CariCRIS: “Jamaica likely most hit by credit crisis”
Jamaica Gleaner :- No country within the Caribbean will be immune from impact, or escape contagion, the regional rating agency said, adding that Jamaica is likely to be most affected.