World Tonight: Traders react to US crisis
Evening Chronicle (Newcastle, England), Sept 22, 2008
STOCK markets could see more volatile trading today as they react to the US Government's planned EUR700bn (pounds 383bn) banking sector bail-out.
US Treasury Secretary Hank Paulson is working on legislation that will allow the US government to buy up hundreds of billions of dollars worth of "toxic" bank assets that have led to the current banking crisis and threatened world economies.
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