Tuesday, July 27, 2010

europe's prospects brighten as US fades


KEY WORDS IN BOLD:
"Dig beneath the headline and the contrast between the United States and Britain looks even sharper. Nearly all the growth in the British economy came from the PRIVATE SECTOR, led by construction and services.

Friday's U.S. GDP report is likely to show a hefty contribution from government spending and a slowdown in consumer spending."



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