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Reuters: Obama plan clears first hurdle, Asian markets cheer

Started by chris, January 29, 2009, 08:59:11 AM

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chris

Obama plan clears first hurdle, Asian markets cheer
      


SINGAPORE (Reuters) - U.S. President Barack Obama's $825 billion stimulus plan cleared its first Congressional hurdle as the Federal Reserve eyed more extreme measures to ease credit market strains, boosting Asian stocks despite deep skepticism that a global slowdown can be reversed quickly.<div class="feedflare">
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