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Economic consequences of Swine Flu outbreak

Monday, August 24, 2009 - The impact of Swine Flu on the markets combined with the current financial crisis and an already weak world economy could make Asia's experience during the Severe Acute Respiratory Syndrome (SARS) outbreak in 2003 pale by comparison. This is partly due to the fact that the current Swine Flu virus is spreading faster than SARS did. Secondly, we have seen a much quicker reaction by the WHO and CDC, raising the Pandemic Phase from 3 to 5 in rapid succession. The cascade effects will be seen in commodity prices, stocks of food companies, energy prices, pharmaceutical company expenditures to find a vaccine and any measure of things to come, the region's economies may find themselves in a much deeper hole should swine flu spread...

Complete Article at: http://www.bigmedicine.ca/specialfeature.htm

Secretariat of the National Emergency Management Organisation, P O Box 1517, Castries, Saint Lucia
Tel: 758-452-3802/Fax: 758-453-2152

E-mail (main) slunemo@gmail.com

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