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(Washington Post) European financial crisis has ripple effect on U.S. businesses

Posted on August 3, 2012 by Kendall Harmon

Madrid–The newest Apple store in Spain, like its counterparts in other parts of the world, is designed to draw you in. Stone floors, glass doors, and rows of blond wood tables stocked with scores of gleaming iPhones, iPads and MacBooks as far as the eye can see.

On a recent weekday afternoon, the cavernous showroom was missing only one thing: customers.

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Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, --European Sovereign Debt Crisis of 2010, America/U.S.A., Consumer/consumer spending, Corporations/Corporate Life, Credit Markets, Currency Markets, Economy, Euro, Europe, European Central Bank, Globalization, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--