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Massive 300-billion dollar rescue for CitigroupWASHINGTON (AFP) - The US government vowed Monday to safeguard the ailing economy, after stepping in to guarantee over 300 billion dollars in potential losses at Citigroup and pump 20 billion more into the financial giant. ... |
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Citigroup gets 300-billion dollar rescueWASHINGTON (AFP) - The US government vowed Monday it was working to shore up the ailing economy, hours after stepping in to guarantee potential losses at Citigroup up to 306 billion dollars and pump 20 billion more into one of the world's largest banks. ... |
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Britain to hit rich to fund tax cuts as recession loomsLONDON (AFP) - The British government is expected to hit the rich to pay for tax cuts aimed at getting consumers spending again, in an economic stimulus package to be unveiled on Monday. ... |
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Britain fights recession with huge stimulus packageLONDON (AFP) - The British government on Monday launched a major economic stimulus package worth 20 billion pounds to reignite consumer spending and help the country recover from a deep and painful recession. ... |
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Germany to free Baader-Meinhof fighterSTUTTGART, Germany (AFP) - One of the last members of the left-wing Red Army Faction that terrorised Germany in the 1970s still in prison will walk free in January after 26 years behind bars, a court ruled on Monday. ... |
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US home sales slip another 3.1%WASHINGTON (AFP) - Existing US home sales fell 3.1 percent in October as buyers remained on the sidelines amid economic uncertainty, the National Association of Realtors said Monday. ... |
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