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Santander takes hunt for troubled banks to US with Sovereign buyMADRID (AFP) - After snapping up stakes in two British banks hard hit by the financial crisis, Spain's biggest bank, Santander, has turned its sights across the Atlantic with the purchase of troubled US lender Sovereign Bancorp. ... |
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EU chief urges leaders not to ditch climate goalsBRUSSELS (AFP) - EU Commission chief Jose Manuel Barroso urged European leaders on Tuesday, the eve of an EU summit, not to use the financial crisis as an excuse to downgrade their commitments to tackling climate change. ... |
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US to buy 250 billion dollars of bank sharesWASHINGTON (AFP) - The United States will buy up to 250 billion dollars worth of bank shares as it battles to halt the financial crisis, officials said Tuesday, as forecasters warned two key European economies were falling into recession. ... |
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No deal yet in Zimbabwe as power-sharing talks dragHARARE (AFP) - Zimbabwe President Robert Mugabe and his main political rival failed to bridge their differences over a power-sharing deal in talks Tuesday, but agreed to hold more negotiations aimed at saving the pact. ... |
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Battle-scarred Reykjavik stock exchange resumes tradingREYKJAVIK (AFP) - After three full days of suspended trading, a disfigured Reykjavik stock exchange reopened Tuesday, amputated of its once dominant financial stocks that have long made up the cornerstone of Iceland's economy. ... |
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WHO warns of health inequalitiesGENEVA (AFP) - The World Health Organisation said on Tuesday that current healthcare systems were inadequate to meet the challenges of the modern world and urged countries instead to go back to the basics of patient care. ... |
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