Global markets in decline after Obama proposals

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Global markets in decline after Obama proposals

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01-22-2010, 09:55 AM

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Global markets in decline after Obama proposals

US President Barack Obama is proposing a severe crackdown on financial institutions in the US which has sent stock markets around the globe into decline. Yesterday, the Dow Jones closed down 2% - its worst decline since October, while Japan’s Nikkei lost 3.6% - the biggest weekly loss in three months and closing a three-week [...]

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