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- Everything changes in global financial markets if there’s a credit-rating cut
- Governors want Congress debt deal with Obama
- Top lawmakers target ‘grand bargain’ for debt plan
- Item Club scales back growth forecasts saying UK at ‘critical juncture’
- Europe’s bank stress tests as bad as 1979 Irish driving test
- Greek PM says time for Europe to wake up
- EU’s Rehn calls for Irish bailout loans to be lengthened
- Lending drought threatens Britain’s recovery
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