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• Fear trumps government efforts to solve crisis
With global stock markets continuing their sickening plunge and the credit system all but shut down, efforts by the Federal Reserve, Treasury and global leaders have been overwhelmed by global panic. The wide-ranging, unprecedented actions to cure ...
• U.S. will buy stock in banks, Paulson says
It would mark the first time the government has taken equity ownership in banks in this manner since a similar program was employed during the Great Depression. Paulson announced the administration was moving forward with the program during a news ...
• Cuba limits sales of food so all can eat
The lines are long and some foods are scarce, but because the government has maintained and even increased rations in some areas, Cubans who initially worried about getting enough to eat now seem confident they won't go hungry despite the destruction ...
• McCain, Obama offer ideas to boost economy
... is hurting the most, these rules should be suspended," the Republican presidential candidate said in a speech in LaCrosse, Wis. It was the Republican's second proposal in three days to deal with economic woes, following his call for the government to ...
• U.S., India sign unprecedented nuclear deal
India's government hopes the deal will bring a new source of desperately needed energy as it works to lift millions out of poverty. Mukherjee said his country looks forward to working with American companies eager to enter India's multibillion-dollar ...