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Wednesday, November 28, 2012

US budget impasse hurts markets

An employee of the Stock Exchange is reflected in a chart displaying stock prices in Athens, Tuesday, Nov. 27, 2012. Greece has avoided imminent bankruptcy after its international creditors finally agreed to give it the money it urgently needs, but the cash-strapped country's economic distress is likely to drag on for years to come. (AP Photo/Thanassis Stavrakis)Lack of progress in negotiations for a deal to avoid a U.S. budget crisis before a January deadline sent world stock markets lower on Wednesday.



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