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  • Frankfurt - Two key German banks announced Monday they were tapping the government's 470-billion-bank-euro (600-billion-dollar) rescue fund in the wake of the world financial crisis. While Germany's second biggest bank Commerzbank AG said it was ...
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  • Nov. 7 (Bloomberg) -- General Motors Corp. , Ford Motor Co. and Chrysler LLC, strapped for cash as sales plunge, are seeking $50 billion in federal loans to help them weather the worst auto market in 25 years, a person familiar with the matter said.
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  • Winning their “Pool B,” the Rio Rancho High School boys soccer team advanced into a state semifinal Thursday evening at 7:15 at the State Farm Insurance Soccer Complex.
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  • RBC, 12.11.2008, Moscow 09:27:19. In a move to stem capital flight and check inflation, the Bank of Russia hiked the discount rate from 11 to 12 percent beginning November 12, 2008. Similarly, interest rates on operations by the Central Bank were also raised, with the rate on overnight loans increasing to 12 from 11 percent per annum.
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