Global Fears Grow Over US Shutdown

There are new worries about the consequences of the U.S. government shutdown.  The Treasury Department says failure to reach a deal on the country’s financial obligations, including the debt ceiling, could plunge the U.S. economy into a recession.  On Thursday, the International Monetary Fund said that, without a deal soon, the ongoing fiscal problems of the United States could drag the rest of the world with it.

The economic cost of the country’s first government shutdown in 17 …

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