US lawmakers say they believe a deal on a 700 billion-dollar package to support financial markets could be reached by Sunday. Urgent negotiations are taking place in an effort to finalise an agreement by the opening of stock market trading on Monday. Congress has been working through the weekend to reach a Bush optimismistic about rescue plan ...
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The Bush administration's plan foresees using taxpayer's money to buy the bad property-related debt of banks, which lies at the heat of the financial crisis.
(Deutsche Welle)
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