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Transcripts For CSPAN2 U S Senate U S Senate 20221221

the presiding officer: the senate will come to order. the chaplain will lead the senate in prayer. the chaplain: let us pray. almighty god, the center of our joy, prepare our spirits, clarify our minds, and stir our hearts for your movements among us. lord, use us to bring peace on earth. help us to feel your presence in our opportunities to touch hurting lives. may your whispers prompt us to deliver captives and bring healing to the bruised. abide in the hearts and minds of our senators. guide them with your counsel tht they may not stumble or fall. use their hands to transform dak tomorrows. we pray in your mighty name. amen. the presiding officer: please join me in reciting the pledge of allegiance to the flag. i pledge allegiance to the flag of the united states of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. the presiding officer: the clerk will read a communication to the senate. the clerk: washin

Defaults Loom as Poor Countries Face an Economic Storm

Debt-relief efforts are stalling as developing economies are being hit by higher interest rates, a strong dollar and slowing global growth.

International Discord Undercuts Global Growth, Worsens Inflation

The global economy is once again under strain, but this time without the international cooperation that helped resolve previous post-Cold War crises. Instead, many of the world's biggest powers are now intent on undermining one another, with unsettling economic implications.

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