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IPFS News Link • Economy - International

Iceland Shrinks 8% as Prices Increase 11% in Deepest Recession

10-12-2009 • Bloomberg

(Is this a glimpse of what the US faces) Arni Hallgrimsson lost his job as a public relations consultant when Iceland's three biggest banks collapsed last year, putting him out of work for the first time since 1980. After a stint cleaning the docks

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Reported By Jean Carbonneau

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Iceland Shrinks 8% as Prices Increase 11% in Deepest Recession

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