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World Watching Washington as Default Deadline Looms

With the October 17 deadline for raising the U.S. debt ceiling just days away, Washington politicians are still squabbling over how to end the partial government shutdown. The International Monetary Fund's policy committee pleaded with U.S. leaders to take "urgent action to address short-term fiscal uncertainties," echoing calls from G-20 financial leaders one day earlier. President Barack Obama has warned that the economy could be hurt if Washington fails to pay its bills for ...

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