Barbados' Williams warns storm brewing offshore

The chances that Barbados's economy will shrink in 2009 have intensified with the declining economic fortunes abroad, admitted Marion Williams, the governor of the country's central bank.

"With recession deepening in the United States and the United Kingdom and most economic indicators pointing to a further deterioration in world economic activity, there is a greater likelihood that the Barbados economy will decline in 2009," Williams told journalists last Friday, according to local media repo

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