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Asian markets struggle as focus turns to US debt talks
Asian markets struggle as focus turns to US debt talks
Business and Economy
by  AFP

Asian markets mostly fell Monday as investors kept a wary eye on the talks to raise the US debt limit to avert a "catastrophic" default. Deputy Treasury Secretary Wally Adeyemo told CNN on Sunday: "If Congress failed to raise the debt limit by the time of default, we would go into a recession and it'd be catastrophic.