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Global Economy: Faith In Revival Put To Test

wochit business
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September 29, 2013 AT 11:04 AM
Yet another budget showdown in Washington and yet another government crisis in Italy herald more turbulence for a global economy growing well below trend. On top of these recurrent pitfalls, banks and households in Europe are still shedding debt, several big emerging economies are slowing and markets are struggling to decode the Federal Reserve's policy signals.