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NOT ALL GLOOM

Nation News "BARBADOS is not in dreadful economic straights even though its rating outlook has changed, says Olga Kalinina, Standard & Poor's (S&P) credit analyst.

While unemployment is on the rise, the fiscal deficit is widening and there is a decline in economic activity, Kalinina, who monitors Barbados and most of the Caribbean for the credit rating giant, said the island's economic picture wasn't ominous by any means."

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