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Old 09-30-2008, 01:42 AM
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Post US $700bn bailout finally agreed

After a weekend of negotiations, America’s $700 billion (£380 billion) bailout plan has finally reached a conclusion.US Treasury Secretary, Henry Paulson, managed to convince Republican and Democratic leaders to agree to a compromise, prior to the opening of the Asian stockmarkets.However, the announcement did little to allay fears in the global stock markets, which declined [...]

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