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China and Europe
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News Links: Euro Zone Economy Shrinks
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Stephen Roach on the IMF bailout, Chinese banks and US consumers
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News Links: Ten days of secret planning to rescue markets
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Central Bank Action Not A Solution
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Egan-Jones on French ratings downgrade from AA- to A
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Foreign News: France and Germany are still miles apart on agreement
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Time to Demand Transparency and Accountability of Our Public Stewards
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The SEC’s Day in Court
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Full Text: FRB Statement on Coordinated Central Bank Action on Currency Swaps
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