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AFP - World oil prices eased further below 60 dollars in Asian trade Wednesday after Britain and the EU called for joint action to hold off recession threatening leading economies, analysts said.
Comments Off AFP - Britain and the EU called for strong joint action to hold off the recession threatening leading economies as more grim economic and corporate news battered world stock markets on Tuesday.
Comments Off AP - The head of Britain's Society of Editors warned Tuesday that the global economic crisis was putting added pressure on newsrooms already suffering from declining circulation and ad revenue.
Comments Off AP - Russia's Central Bank on Tuesday eased its defense of the embattled ruble, which fell sharply and triggered a sell-off in stocks as the country faces its worst financial crisis in a decade.
Comments Off AFP - The euro plunged against the dollar on Tuesday despite more gloomy US economic data as investors sought refuge in the US unit amid worsening fears for the flagging world economy, traders said.
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