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Saturday, November 26, 2011

Global Economic Fears Rising


Uploaded by VOAvideo on 24 Nov 2011: Global stocks suffered big losses this week as worries about Europe's debt crisis, weak Chinese manufacturing data and failure by U.S. politicians to agree on a deficit cutting plan dented investor confidence.

The trifecta of economic concerns bodes poorly for the global recovery just as the crucial holiday season in the U.S. begins. Mil Arcega has more.