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Sat 07 Jul 2007Global markets continue downward spiralGrowing fears about risk and contamination by the US sub-prime mortgage crisis saw global stock markets continue their downward spiral for the fourth day running yesterday. Claire Shoesmithreports.The continuing malaise saw markets record their worst weekly performance in more than three months. Ireland was no exception, with the Iseq index of Irish shares finishing the week €8.6 billion lighter than it started.
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