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Euro-Area nations have set up bailout fund of about a trillion dollars. But the IMF worries that may not be enough. Portugal, Spanish and Italy could soon require emergency loans and Euro has declaimed making imports more costly for the area’s struggling economies. China’s exports the important industrial metals also made news this year. China temporally cut off real earth metals main for Japan after a territorial dispute in September. China controls nearly all about the real metals market. These metals are used in everything from smart bombs to batteries. China recently announced lower export limits for real metals for next year. |
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