US
businesses slash 108,000 jobs in March
New York: US companies slashed 108,000 jobs in March
following huge cuts the month before as war in Iraq battered
the economy at home. But the overall civilian unemployment
rate held steady at 5.8 per cent.
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Global
economy hit by negative data, SARS
Singapore: Even as a US advance on Baghdad raised
hopes of a quick end to war, faltering growth in the United
States and Europe and Asia's deadly virus suggested things
could get worse for a fragile world economy.
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