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Yahoo! News: Business
Updated : Tue, 07 Oct 2008 08:04:19 GMT

Markets want political lead, rate cuts for crisis (Reuters)
Reuters - Western governments and central banks faced demands for coordinated action on Tuesday after Australia responded to the escalating global financial crisis by cutting its interest rates sharply.
Publ.Date: Tue, 07 Oct 2008 07:55:39 GMT
Source: Yahoo.com

Fed, Treasury take steps to confront financial crisis (AFP)
AFP - The Federal Reserve and the US Treasury, armed with new emergency powers, announced measures to tackle a rapidly escalating financial crisis as panicked investors fled stock markets.
Publ.Date: Tue, 07 Oct 2008 03:12:10 GMT
Source: Yahoo.com

Dow dives below 10,000 on credit, recession fears (Reuters)
Reuters - Stocks slid for a fourth straight day on Monday, leaving the Dow below 10,000 for the first time in four years, on fears the global economy was hurtling into recession despite government efforts to contain the fast-spreading financial crisis.
Publ.Date: Mon, 06 Oct 2008 22:09:50 GMT
Source: Yahoo.com