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    Island Doing Well in Global Recession

    Figures Show Island is Coping Well

    Quartely figures have come out showing that the Isle of Man is currently weathering the storm of global recession well.

     

    The Island has not actually slipped into recession, but has however taken a significant hit over the past year, most notably from the collapse of KSF bank.

     

    Unemployment figures have also slowed showing the situation here to be much brighter than that in the UK and Ireland.

     

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