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Default on its $483 bln of government debt could create global shock waves.
Government workers hold 24-hour strike to oppose cuts to pay, pensions.
Hawaiian Airlines creates an integrated process to evaluate key factors in opening a new market. (Peter Ingram of Hawaiian Airlines)
Companies find it harder, more expensive to borrow in Italy, Spain.
Vietnam, Indonesia and the Philippines are among the countries expected to thrive over the next decade.
Downgrade occurs amid concerns Europe's fiscal crisis will engulf more countries.