As the world dithers with the global economy, swine flu comes in
Since the global market went down the drain in October last year, a recovery plan was put in place. This was basically clutching on straws. Six months later, previously unsuspecting Third World countries are now feeling the economic pinch. According to Donald Kiberuka, the President of the African Development Bank (AfDB), predictions are that economic growth in the East African Community region will fall to a whopping 2 percent from the current 7 percent growth. Since earlier predictions were that poorer economies would not for at least eighteen months feel the effect of the economic downturn, the harsh reality is that it took only six months to knock these nations out of a wish-wish situation.