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Allan Bell on Irish financial crisis

Ireland could be heading for a 'double dip' recession.

That's the view of the Isle of Man's Minister for Economic Development Allan Bell, after the Irish Government was forced to pump more cash into a number of its banks to keep them afloat.

Mr Bell says the extra billions which they had to find means the government there will need to have another round of spending cuts, and the Isle of Man will have to do what it can to help the Irish banks over here:

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