US default fears stalk global stock markets (AFP)

By admin on July 25th, 2011

Traders monitor stock prices at the Hong Kong bourse. Asian stocks have fallen as US talks aimed at raising the country's debt limit fell apart, raising the spectre of a default, although losses were muted on expectations a deal would be reached.(AFP/File/Mike Clarke)AFP – Global stock markets fell on Monday amid growing concern about a potential US default if lawmakers fail to agree a crucial deficit-cutting budget, dealers said.


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