Economy

    Global Fears Grow Over US Shutdowni
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    October 04, 2013 12:07 AM
    There are new worries about the consequences of the U.S. government shutdown. The Treasury Department says failure to reach a deal on the country’s financial obligations, including the debt ceiling, could plunge the U.S. economy into a recession. On Thursday, the International Monetary Fund said that, without a deal soon, the ongoing fiscal problems of the United States could drag the rest of the world with it. Mil Arcega has more.

    Global Fears Grow Over US Shutdown

    Published October 03, 2013

    There are new worries about the consequences of the U.S. government shutdown. The Treasury Department says failure to reach a deal on the country’s financial obligations, including the debt ceiling, could plunge the U.S. economy into a recession. On Thursday, the International Monetary Fund said that, without a deal soon, the ongoing fiscal problems of the United States could drag the rest of the world with it. Mil Arcega has more.


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