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Sarah Collins: U.S. debt ceiling showdown could trigger ‘Brexit-style’ shock in Ireland


Potential US debt default, ‘technical’ recession in Germany and higher-than-expected UK inflation raise concerns for Irish economy

Eurogroup President Pascal Donoghue said the euro zone economy was “in good shape” despite global uncertainties. Photo: Brian Lawless/PA

Sarah Collins

Volatility has grown in financial markets as investors digest conflicting indicators of a recession in Germany and the threat of a U.S. government default versus a buying spree for stocks promising profits from artificial intelligence (AI).

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