World Risk Developments, November 2008

• In brief ...
• International – Credit crisis spreads worldwide
• International – Credit crisis hits mining
• Ukraine – Credit and metal shocks push economy to brink
• Turkey – Ebbing credit tide exposes corporate borrowers
• Indonesia – Economy should avoid crisis, but will slow
• Philippines – Open economy exposed to trade/FDI shocks
• Gulf – External shocks will shake, not shatter, economies
• Zambia – Contested election result a qualified plus for investors

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