On the edge

Article Abstract:

World economic conditions are worsening in Sep 1998, and deep recession has affected much of East Asia and Japan. Russia has carried out an effective debt default, China could devalue, and Latin America could be hit. Economic growth is forecast at 1.% for 1998 and 1.7% for 1999 by J.P. Morgan, compared with 4% average for 1996 and 1997. Commodity prices could drop further if Russia dumps commodities on world markets, and investor confidence has been hit. US and European policymakers should allow for low interest rates and widening budget deficits if necessary, to avoid a depression.

Gross Domestic Product, United States, Economic policy, Economic indicators, Recessions, 1998 AD

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On the edge

Article Abstract:

A myriad of small sources of pollution threaten the environmental health of the sea's coastal areas. They include rubbish and sewage from densely populated coastal areas, fertilizer runoff, algal blooms and invasive species.

Protection and preservation, Marine pollution, Coastal ecology

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On the edge

Article Abstract:

Tajikistan's economic woes may be aggravated by the US war against Afghanistan, with ten thousand Afghan refugees already on the Tajikistan border. About four-fifths of Tajikistan's population live in poverty.

Tajikistan, Refugees, Afghan, Afghan refugees

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