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Banks are at the centre of stock markets crisis

Mar 19 2008

THE world’s stock markets endured another anxious day yesterday as the United States Federal Reserve moved to slash US interest rates by 0.75% and UK inflation figures rose sharply....

Global markets hit hard by Bear Stearns collapse

Mar 18 2008

GLOBAL stock markets continued to react nervously yesterday as they absorbed the effects of the crisis at US investment bank Bear Stearns and concerns about an American recession....

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