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Investors Fear Europe’s Woes May Extend Global Slump
By Javier C. Hernandez and Jack EwingNew York Times, February 4, 2010 Just as America’s recession begins to ebb, trouble is brewing in Europe that may prolong a downturn on the Continent and ricochet through the global economy as it struggles toward a recovery. A rout in stock markets that began in Europe spread to Wall Street on Thursday and around the globe to Asia on Friday, amid fears that
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