California to be hard-hit by US budget cuts

Politics & Economics

Sweeping budget cuts are beginning to take effect in the United States, the result of a failure by president Barack Obama and congressional leaders to reach a budget compromise

(AlJazeeraEnglish YouTube channel)

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The opening of Saudi Arabia’s stock market was greeted by heavy news coverage from around the world. Experts say it may take years for the impact of the move to be fully felt.

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