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Stocks Tumble On Plan To Aid Bear Stearns
Stocks have suffered another big drop Friday after The Federal Reserve invoked a rarely used Depression-era procedure to bolster troubled Bear Stearns Cos., touching off concerns about the severity of the credit market's overall troubles.
Friday's plan by the New York Federal Reserve and JP Morgan Chase & Co. offers Bear Stearns relief from a sudden liquidity crunch that analysts surmised could have felled the investment bank. But th...Readmore
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Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Donec blandit. Duis congue, diam eget dignissim varius, nulla lacus ornare pede, sed lacinia ante sem accumsan massa. In hendrerit accumsan felis.Iraq Christians mourn kidnapped cleric's death
The leader of Iraq's minority Christians urged them on Friday not to be cowed and to be "steadfast" in their faith after the kidnapped Chaldean Catholic archbishop was found dead in northern Iraq.
Olympics boycott if China mishandles Tibet: Gere
By Paul Eckert, Asia Correspondent WASHINGTON (Reuters) - China should suffer a boycott of its cherished Beijing Olympics if it mishandles protests in restive Tibet, Hollywood actor and Tibetan activist Richard Gere said on Friday.
Back to reality at Heathrow's T1
By Julian Joyce If anyone stands to benefit most from the opening of Heathrow airport's Terminal 5, say its supporters, it's the ?poor infantry? of the air travel world - Heathrow's long-suffering passengers.
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