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theglobeandmail.com: Section A Front theglobeandmail.com

G7 pledges 'decisive action' on world credit crisis

thestar.com
13 hrs ago 264 related
        

Bank of Italy Governor Mario Draghi (C) attends the G7 Ministerial meeting at the Treasury Department in Washington, D.C., October 10, 2008. Communique issued by G7 finance officials The following is the communique issued today...

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Federal Government to Buy up to $25 Bln in Insured Mortgages

epochtimes.com
19 hrs ago 11 related
        

TORONTO—Canada plans to buy up to $25 billion in insured residential mortgages to help cushion banks from the global financial crisis and address a "scarcity" of private-sector lending, Finance Minister Jim Flaherty said...

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Bush Plans Statement Today to `Assure' Nation (Bloomberg)

yahoo.com
22 hrs ago 6 related
        

Bloomberg - Oct. 10 (Bloomberg) -- President George W. Bush will address the nation this morning to tell Americans they should remain ``confident'' amid falling stock markets and a worldwide credit crisis, administration...

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British Pound Consolidates Massive Losses - Recovery in Store?

dailyfx.com
15 hrs ago 1 related
        

Written by Terri Belkas, Currency Strategist The British pound held to a range of 1.6900 - 1.7150 on Friday, holding up fairly well versus the dollar compared to currencies like the euro, which plunged. For once, the UK is...

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Oil prices plunge to 13-month low on global slowdown

cjbk.com
17 hrs ago 428 related
        

NEW YORK - Oil prices plunged in another violent sell-off Friday, briefly tumbling below US$78 a barrel as investors grow more pessimistic about the prospects for resolving a mushrooming global econom...

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Commodity selloff slams TSX

thestar.com
17 hrs ago 7 related
        

Big selloffs in energy and metals stocks were mainly responsible for a slide of about 600 points on the Toronto Stock Exchange in early afternoon trading, taking it below the 9,000-point level for the first time since January...

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Democatic Leaders Ask Bush To Hold G8 Meeting On Global Financial Crisis (AHN)

allheadlinenews.com
21 hrs ago 12 related
        

House Speaker Nancy Pelosi (D-CA) and Senate Majority Leader Harry Reid (D-NV) has sent a letter to President George W. Bush urging him to convene an emergency meeting with G8 leaders to address the deepening global financial...

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US Dollar: Will We See A Reversal Early Next Week?

actionforex.com
14 hrs ago 6 related
        

Flight-to-safety triggered major gains for the US dollar on Friday, as volatility remained exceptionally high in the market. In fact, the CBOE's VIX Index surged to a record high as Moody's Investors Service said that they may...

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But, but, but...not a bailout, must repeat, not a bailout...too politically damaging

impolitical.blogspot.com
16 hrs ago 3 related
        

"‘This is not a bailout:' Harper." That myth came to a screeching halt today: Ottawa's $25-billion backstop for Canadian banks drew fire from the NDP and Liberals shortly after it was announced Friday morning, with Conservative...

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Business lending tightens across Canada

theglobeandmail.com
22 hrs ago
        

LORI MCLEOD Globe and Mail Update TORONTO — Credit market turmoil has led to a widespread tightening in business lending conditions across the country, according to the Bank of Canada's Senior Loan Officer Survey, released...

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