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Tuesday, July 16, 2013

Global business confidence falls to crisis lows.

World business confidence has dropped to levels seen during the financial crisis, says Markit, with the net balance of companies expecting a rise in activity over the next year falling to 30 percentage points from 39 percentage points in February. The fall in confidence was most notable in the U.S. and China, with optimism low in Germany and France as well, although the U.K. was pretty bullish.

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