Vote for US $700bn rescue plan to take place today

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Vote for US $700bn rescue plan to take place today

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10-01-2008, 02:56 PM

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Vote for US $700bn rescue plan to take place today

Monday night saw the rejection of the $700 billion (£380 billion) Wall Street rescue plan after days of negotiations between the US Government and lawmakers. The plan failed to receive support from Congress who voted against the proposed scheme. Following the news, stocks throughout the world fell sharply. However, stock markets have recovered slightly after the [...]

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