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$700 bn bail out deal unveiled to rescue US's financial system
Monday, September 29, 2008 www.dnaindia.com
(
Foreign Affairs
)
WASHINGTON: US lawmakers were on the threshold on Sunday of sealing a $700-billion bailout intended to rescue the US economy from the edge of a financial meltdown.
They intended to announce a firm agreement by the time Japanese stock markets open Monday morning in Tokyo, after copies of the written draft started circulating in the US capital several hours earlier.
The measure, which is intended
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