AP - Cuba and the European Union ended a five-year standoff on Thursday by signing an agreement that calls for EU members to send the island euro2 million (US$2.6 million) in immediate hurricane recovery aid and up to euro30 million (US$38.8 million) more in financing next year.
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AP - The Ukrainian currency plunged against the dollar Thursday as people raced to exchange booths to convert their savings into U.S currency.
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Continue reading about Ukrainian currency plunges to historic low (AP)
AP - European stock markets were lower Thursday following hefty losses in Asia earlier and an expected further retreat on Wall Street as spreading pessimism over corporate earnings reinforced concerns about the world economy.
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Continue reading about Europe markets drop ahead of Wall Street open (AP)
AP - Credit Suisse Group reported a 1.26 billion Swiss franc ($1.08 billion) loss during the third quarter Thursday, blaming bad investments and the global financial turmoil, and the bank said it was working to further cut its exposure to toxic assets.
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Continue reading about Credit Suisse makes $1.1 billion loss in 3Q (AP)
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