Friday, October 11, 2024
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<p>Demonstrators protest against austerity measures announced by the Spanish government in Barcelona, Spain, Thursday. The country is in its second recession in three years and its government borrowing rates are unsustainably high as investors worry the government may face new costs in rescuing the banks. If the government's borrowing rates do not fall back down, it may eventually need a sovereign bailout like those taken by Greece, Ireland and Portugal.</p>

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