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| Oct. 10 |
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G7 nations pledge to fight crisis Finance ministers from leading industrialised nations have pledged action to tackle the crisis after a torrid week on stock markets
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| Oct. 8 |
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World's central banks slash interest rates  London: The leading economies, led by the U.S. and the UK, slashed interest rates to tackle the global financial crisis after days of stock market losses. Six central banks cut interest ... | |
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| Oct. 3 |
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House backs $700bn bail-out plan  U.S. Congress: The House of Representatives has passed by 263-171 vote a government plan to rescue the US financial sector
| The package is to buy the bad debts of failing financial institutions on Wall Street. The vote was the second in a week, following its shock rejection of an earlier version. Bush praised lawmakers for their spirit of co-operation before signing the bill into law
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| Oct. 1 |
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Senate backs new bail-out bill U.S. Congress: The Senate, 74 to 25, has approved a new version of a $700bn rescue plan for the troubled US financial system
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| Sep. 30 |
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 Bush warning over bail-out delay US President has warned the US economy is at a 'critical moment', and vowed to get his Wall Street rescue plan through Congress
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| Sep. 29 |
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$700 billion bailout package failed U.S. Congress: Democrats and Republicans immediately blamed each other for the failure of the bailout package in the House
| The package failed in the House by a vote of 228-20. It was unclear in what form the congressional leadership would bring the bill back to the floor. House Republican leaders blamed Nancy Pelosi for the bill's failure
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Wall Street bail-out goes to vote U.S. Congress: The House of Representatives is debating ahead of a vote on a $700bn plan to bail out Wall Street
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| Sep. 28 |
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US lawmakers publish rescue deal U.S. Congress: The move, backed by both Republicans and Democratics, allows the Treasury to spend up to $700bn buying bad debts from ailing banks
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 Obama and McCain back bail-out package US presidential hopefuls have broadly welcomed an outline multi-billion dollar plan to help shore up the US financial system
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Buffett: Bail out or face meltdown U.S. Congress: Billionaire Buffett told congressional negotiators that if they can't agree on a financial bailout, the nation will face 'its biggest financial...
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| Sep. 27 |
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'Great progress' in US bail-out U.S. Congress: Congressional leaders have reached the broad outline of a rescue plan for the US financial system; but details remain to be worked out
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US edges closer to bail-out deal U.S. Congress: Republican and Democratic Party lawmakers are getting closer to agreeing a massive rescue plan to aid the financial markets
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| Sep. 26 |
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Bailout talks implode High-stakes negotiations over the $700 billion bailout of the financial system dissolved into bickering, begging and a battle between parties
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| Sep. 25 |
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Wall St rescue plan 'needs work' After several hours of talks with President Bush, members of congress said more work was needed
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| Sep. 24 |
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Bush: Bail-out 'vital to easing crisis' US President: Americans must support a massive bail-out of financial markets to ease a 'serious financial crisis'
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Bernanke demands bail-out action
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| Sep. 23 |
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Congress cool after bail-out plea U.S. Congress: Lawmakers have expressed strong scepticism about a bail-out of the banking system, following a 5-hour Senate hearing on the rescue plan
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Paulson eyes rescue plan backing. U.S. Congress
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Paulson wants a speedy debt deal
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| Sep. 20 |
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Crisis talks over 'toxic debt' rescue plan. U.S. Congress
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| Sep. 19 |
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Bush hails financial rescue plan| President George W Bush : The US is set to take 'unprecedented measures' to tackle the crisis gripping US financial markets | |
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| Sep. 18 |
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US pledges financial rescue plan US officials say they will hammer out a 'comprehensive' plan to ease what has become a global financial crisis
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| Sep.7 |
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US takes over key mortgage firms| US financial officials have outlined plans for the government to take over Freddie Mac and Fannie Mae, the largest bail-outs in US history | |
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| Aug.5 |
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 Iraq's projected $80b surplus stirs anger U.S. Congress: U.S. auditors: Iraq is raking in more money from oil exports than it is spending, amassing a projected 4-year budget surplus of up to $80 billion
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| Jul.16 |
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US inflation rate at 26-year high The inflation accelerated by 1.1%, at the fastest rate in 26 years in June, fuelled higher by surging energy prices
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| Jul.13 |
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US moves to bolster lending firms
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| Apr.30 |
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Further cut in interest rates
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| Apr.8 |
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IMF may sell 400 tons of gold
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| Mar.31 |
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US plans finance system overhaul
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| Mar.18 |
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Federal Reserve slashes rates by 0.75 The Federal Reserve has cut US interest rates to 2.25% to restore confidence to nervous financial markets and boost the ailing economy
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| Jan.18 |
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Bush calls for economic stimulus package
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| Dec.12 |
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Central banks act on credit fears
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| Aug.31 |
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Federal Reserve in rate cut hint
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| Aug.10 |
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Central banks pour money into system. London
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| Feb.6 |
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Bush seeks defence spending rise
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| Sep.24 |
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IMF committee backs debt erasure
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| Sep.7 |
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Bush seeks $50bn hurricane relief. U.S. Congress
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| May.17 |
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Tensions rise over China currency
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| Apr.16 |
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G-7 finance leaders focus on oil, debt
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| Sep.14 |
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Iraq rebuilding funds shifted to security
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| Nov.3 |
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Congress passes Iraq budget. U.S. Congress
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| Oct.30 |
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$87 billion approved for Iraq, Afghanistan. U.S. Congress
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| Sep.7 |
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Bush to ask 87 billions more for Iraq President has told the American people that Iraq is '"now the central front' in a global war against terrorism
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| Aug.27 |
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Bremer: Iraq effort to cost tens of billions
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| Jan.7 |
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Bush unveils tax cutting package
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| Oct.3 |
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Bush package to boost economy
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| Mar.20 |
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Fed cuts rates half a point
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