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Analyst: World Watches US Crisis With Bewilderment

As the U.S. government budget crisis enters a second week, there are concerns that the rivalry between Democrats and Republicans in Congress may bring the United States to default, which would cause domestic and global economic woes. The world is observing developments in the U.S. capital with bewilderment, as well as concern. Republicans may allow default The top Republican leader in the U.S. House of Representatives has signaled that he may allow the United States to default for the first ...

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