My Way News - US stocks close out worst week since May 2012
My Way News reports: "Germany, which has been the economic powerhouse for Europe, reported on Thursday its biggest monthly drop in exports in five years. In addition, the International Monetary Fund downgraded its outlook for global economic growth. Meanwhile, some traders are interpreting the decline in oil prices as further indication that growth is slowing. 'You put those three factors together and it has investors nervous at the health of the world economy,' said Jeff Kravetz, regional investment director at U.S. Bank Wealth Management."
My Way News - Top finance officials grapple with weak growth
My Way News reports: "Finance ministers from the world's largest economies said Friday they are determined to prevent a slide into another global recession, but a top U.S. official expressed frustration that a number of major economies were not doing enough to bolster growth."
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