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2008-11-21 02:00

No relief seen in global economic crisis (Reuters)

A trader listens to a colleague on the floor of the Philippine Stock Exchange, which closed down 3.45 percent in today's trading, in Makati City, Manila, November 20, 2008. (Romeo Ranoco/Reuters)Reuters - The global economy saw more signs of distress on Thursday with U.S. stocks plunging for a second consecutive day, oil prices falling, a surprise rate cut in Switzerland, export woes in Japan and rescue loans to Turkey and Iceland.


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