World Markets Unfazed by US Government Shutdown

World stock markets are reacting calmly to the partial shutdown of the U.S. government.

Asian markets ended mixed Tuesday, while key indexes in Frankfurt and Paris advanced more than 1 percent.  U.S. markets edged higher in afternoon trading in New York.

The value of the U.S. dollar, however, slid against world currencies, on fears that the first shutdown of the U.S. government in 17 years could prove to be a drag on the slowly improving American economy, the world’s largest.

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