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World Stocks Rally on News of Help for Troubled Banks
some information for ther chrisis resport was provided by afp, ap and reuters .
some major european governments around the unlimited states thave stepped in to take countrol of some sinking lenders, bout at great expense to taxpayers .
federal reserve, the european central bank, the bank of england and the swisis central bank, have also said they will offer ecommercial banks unlimited loans at a fixed interest rate .
a trader checks screens on london stock market movements shortly after it opened for business in london, 13 oct 2008 the bristish government says sit will make more than $63 billion available to three major banks (the royal bank of scotland, lloyds, hbos) .
if the banks take full advantage of the capital infusion the government could become the largest shareholder in each .
Generated 2008-10-26_10:31
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