US President George W.
Bush has signed into law a 700 billion dollar financial rescue package. On Friday, the House of Representatives voted in favor of the revised bailout package after rejecting the original version on Monday. Bush praised Senate approves Wall Street Bailout bill ...
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Merkel urges China to work for success in talks with Dalai Lama ... Congress for its speedy and bipartisan effort. The new package includes 150 billion dollars in tax breaks and allows the government to buy the distressed bank assets that triggered the Wall Street financial crisis in the first place.
(Deutsche Welle)
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