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Reuters: Iceland slashes rates, Russia studies loan request

Started by dave, October 15, 2008, 07:59:23 PM

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dave

Iceland slashes rates, Russia studies loan request
      


REYKJAVIK (Reuters) - Iceland acted to shore up its ravaged economy by slashing borrowing costs on Wednesday and its officials pursued efforts with Russia to get a multi-billion euro loan to help it over the worst financial crisis in its history.
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