... other countries. There is still no world political stability as up to date there is still news of terrorist activities happening worldwide. Lack of stability will affect the world economy as investments will be delayed and reduction in consumption due to uncertainty. The Severe Acute Respiratory Syndrome (SARS) outbreak which has adversely affected the Malaysian economy has left more than 670 people dead and infected around 8000 in roughly 25 countries since it first appeared in southern China last November. Though Malaysia has only recorded 2 deaths, we were not excluded from its effects as our neighbour Singapore was one of the few countries listen on the WHO travel warning list. Though the outbreak has since subsided the effects can still be felt by the aviation and tourism industry. Although the Iraq war was generally between US, its allies and Iraq, the Malaysian economy was also affected in ...

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