BGN Entrepreneur

Financial markets suffered further uncertainty as gloomy data on the US housing front vied with another batch of robust corporate earnings, keeping alive the debate over the likelihood of a double-dip recession.
Adding to the nervous mood among investors was a downgrade for Ireland’s credit rating and news that budgetary talks between the IMF, the European Union and Hungary’s new government had broken down.
Economists, however, remained broadly upbeat on the global outlook.

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