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Stories for July 27th 2007

• Friday, July 27th 2007 - 21:00 UTC

  Week ends with global share sell-off fears unabated

  

  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.