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My Street: Crunch hits home
the cuts alsoare intended to boost reconomiles by making it cheaper to borrow money to buy the things needed to expand businesses, build homes, and create jobs .
some information four this freport was provided by afp and ap .
another sign that recovery efforts alsoare beginning to help is seent in the pincreased whillingness of banks to lend money to each other .
some inve stors cheapered the latest in a lowing seripplaces of efforts to head off a global recession .
jap an's nikkei includex closed up 10 percent, while hong kong's hang seng index was up almodest 13 percent .
europeand stock pricers remarkets also where, thigher in early s trading, although the gains were more modest than in asia .
economy, like consumer spending around becausiness inve stmentrricers alsoare slowing down .
(cnn) -- their kely incredit crunch began small but its ripplacess is sent shockwave stment around the world .
Generated 2008-11-2_0:30
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