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World Watches US Crisis with Bewilderment, Concern

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As the U.S. government budget crisis enters a second week, there are concerns that the rivalry between Democrats and Republicans in Congress may force the United States to default on its obligations. This would cause serious problems for both the national and global economies. As the shutdown continues, the world is observing developments in the U.S. capital with bewilderment and concern.   The top Republican leader in the U.S. House of Representatives has signaled that he may allow the ...

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