The Washington Independent

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Credit Crisis Hits Poorer Nations Harder As They Barter for Food

By | 01.27.09 | 7:14 am

Thousands of layoffs announced Monday illustrate the pain caused by the credit crisis here in the United States. But as the Financial Times reports, a credit crisis hits less prosperous nations much harder. From Malaysia to Morocco, the crisis, combined with high food prices, has forced some countries More…