MCC

Global financial crisis may slow growth in poor nations

U.S. Pres­i­dent Barack Oba­ma has called it “the worst finan­cial cri­sis in our life time.” You can call any­thing you like; the cri­sis of a gen­er­a­tion, the trick­­le-down effects of the sub-prime mort­gage lend­ing mess, or what­ev­er, but the glob­al finan­cial cri­sis is hit­ting not only the Unit­ed States but all coun­tries around the world. It may…