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The American Empire in a Changing World



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Saturday, June 9, 2012

''McDonald's warns of global economy's impact on 2Q''

From AP

''McDonald's Corp. says strength in the U.S. and Europe drove up a key revenue figure in May, but warned that economic volatility around the world and rising expenses are pressuring its second-quarter results.

The fast-food chain, based in Oak Brook, Ill., also said that foreign currency translations are now expected to hurt second-quarter earnings by 7 cents to 9 cents per share.''

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