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AFP - World stock markets plunged deep into negative territory Friday as gloom gathered over the global economy and dismal corporate news left investors stunned.
Comments Off AP - Stocks sank, the pound and euro plunged, and company after company delivered bad profit news Friday as Europe got another severe jolt from the global financial crisis.
Comments Off AP - Asian and European leaders agreed Friday that the rules guiding the global economy should be rewritten and the International Monetary Fund should be given a lead role in aiding countries hit hardest by the financial crisis.
Comments Off AP - The British pound tumbled against the dollar on Friday, weighed down by dismal economic data, while the euro also dived on worries about Europe's exposure to emerging markets, particularly its crisis-stricken eastern neighbors.
Comments Off AFP - The British economy is on the edge of a recession, according to official data on Friday which showed that it shrank by 0.5 percent in the three months to September, for the first time since 1992.
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