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<title>Mongolia Online - Cashmere Farmers Feeling Pinch of Financial Crisis</title>
<link>http://www.mongoliaonline.com/Business/cashmere-farmers-feeling-pinch-of-financial-crisis/</link>
<description>Many cashmere wool farmers in Mongolia have been forced to sell or slaughter their precious goats as profits have been sheared because the demand for luxury goods has plummeted during the financial crisis. Many Mongolian nomad farmers used to earn most of their income raising goats which produce the soft fibers that are used to make the high-end cashmere sweaters, scarves and coats. Yet the...</description>
<pubDate>Thu, 28 May 2009 17:13:41 EDT</pubDate>
<language>en</language>
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