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World Stocks Plunge On Fears About Weakened Emerging Markets

World stock markets plunged Friday, as investors worried about a possible slowdown in emerging markets.   U.S. stock indexes dropped more than 1 percent in afternoon trading. Markets in Paris and Frankfurt fell about two and a half percent and Asian markets also mostly finished lower.   Analysts said investors were concerned about sharp drops in the value of currencies in several emerging economies, including Turkey, Russia, South Africa and Argentina, and a...

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