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Rough First-Half for Europe, China & US: Strategist

Monday, 26 Dec 2011 | 6:10 PM ET

Tony Nash, Managing Director, IHS Global Services says Japan, together with the U.S., has criticized euro zone leaders for not having the ECB as the "backstop for all sovereign debt." He adds that the first half of next year will be rough for Europe, China and the U.S.