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Montevideo, March 29th 2024 - 07:29 UTC

Stories for July 27th 2007

  • Friday, July 27th 2007 - 21:00 UTC

    Week ends with global share sell-off fears unabated

    Possible credit crunch is scaring stockholders

    Unite States stock markets dropped sharply Friday, extending a global share sell-off amid fears about the effect of higher interest rates on the world economy. There are growing concerns that higher rates will hit corporate profits and takeover deals, and dent consumer spending.

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