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Europe debt crisis shadows Fed meeting on economy
If the U.S. economic slowdown weren't enough to deal with, the Federal Reserve this week must consider a new threat: a resurgent European debt crisis that could imperil the global economy.Financial markets have been gripped by fears that Greece will default on its debt. Other European nations with heavy debt burdens, such as Ireland, Portugal, Spain and perhaps Italy, could be at risk, too.When they
If the U.S. economic slowdown weren't enough to deal with, the Federal Reserve this week must consider a new threat: a resurgent European debt crisis that could imperil the global economy.Financial markets have been gripped by fears that Greece will default on its debt. Other European nations with heavy debt burdens, such as Ireland, Portugal, Spain and perhaps Italy, could be at risk, too.When they
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