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All Posts Tagged Tag: ‘default’

U.S. Default Looms Still No Resolution

Central Bank officials have gathered to make contingency plans on how to sustain financial markets should the U.S. default on its debt. U.S. Federal Reserve Chairman, Ben Bernanke, hosted a lunch of counterparts on Oct.12 during the annual International Monetary Fund (IMF) meeting held in Washington D.C. A number of policy makers had the chance to discuss the threat of …

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