Global economy in worst shape since 2009

  • By PAUL WISEMAN
    Associated Press
  • Tuesday, July 24th, 2012
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Underscoring how interlinked world economies have become, stocks in the U.S. and other countries slid Monday after the Bank of Spain said the country's recession-plagued economy contracted 0.4 percent in the second quarter.

Underscoring how interlinked world economies have become, stocks in the U.S. and other countries slid Monday after the Bank of Spain said the country's recession-plagued economy contracted 0.4 percent in the second quarter.