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March 18, 2008
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Tuesday
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Rabi-ul-Awwal 9, 1429
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Financial storm
WASHINGTON, March 17: President George W. Bush said on Monday he expects the United States to ride out a financial storm that is roiling markets, with support of his administration and the Federal Reserve.
Bush’s comments came after a series of actions by the US central bank over the weekend to ease a credit crisis and a rescue of troubled investment bank Bear Stearns.—AFP
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