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Reuters: Europe cuts rates as Obama to address global crisis

Started by chris, November 07, 2008, 12:59:13 AM

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chris

Europe cuts rates as Obama to address global crisis
      


NEW YORK (Reuters) - Britain and Europe slashed interest rates on Thursday amid recession fears deepened by some of the worst U.S. retail sales in decades and an IMF forecast for an economic contraction not seen since World War Two.</p><div class="feedflare">
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