G8 faces uncertain recoveries, turbulent markets

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Posted: Sunday, June 16, 2013 12:00 am

ENNISKILLEN, Northern Ireland (AP) - Europe is mired in debt and recession. Financial markets have hit violent ups and downs on fears that U.S. stimulus efforts may soon be scaled back. Japan is finally looking up after years of stagnation - but it remains an open question if the recovery will stick.

That's the global economy that will confront the heads of the Group of Eight leading economies as they gather Monday and Tuesday for their annual summit in Northern Ireland.

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