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  • HSBC writes down assets by $4.9 billion in 3Q, as cost of bad US loans mounts (Minneapolis-St. Paul Star Tribune)
    LONDON - HSBC Holdings PLC, Europe's largest bank by market value, said Monday it had been forced to write down the value of its assets by $4.9 billion in the third quarter, as the cost of bad loans in the U.S. continued to mount and the credit market faltered.
    www.startribune.com
  • More than half Aussie workers struggling to make ends meet - News.com.au
    MORE than 50 per cent of workers are struggling for economic survival, a study has found. And with the global financial crisis set to bite harder, that percentage is expected to rise. The findings are part of a University of Sydney study called ...
    www.news.com.au
  • W.Va. Chamber of Commerce pushes medical issues (The Register-Herald)
    Crime, congestion and the stress of a huge metropolis are ways of life in New York City.
    www.register-herald.com
  • Crisis keeps Asian governments tied to banks (International Herald Tribune)
    Delays in privatizing banks means retreating from attempts to shore up and consolidate the region's battered banking sector, which Asian governments spent hundreds of billions of dollars bailing out after the 1997-1998 Asian financial crisis.
    www.iht.com
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