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Europe’s rescue … again (access required)

U.S. to 
Europe’s rescue … again (access required)

Dear Mr. Berko: Is it possible to explain -- simply -- how the U.S. is lending money to Spain, Italy and other European countries so that they can pay their debts? How important is Europe to the world economy and the U.S.? Is this causing interest rates to rise in Europe, and will this cause interest ...

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