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www.straitstimes.com
WASHINGTON - THE US unemployment rate rose to its highest level since 1994 in October, the government said on Friday, reaching 6.5 per cent as the world's largest economy shed jobs amid the credit squeeze and downturn. The US Bureau of Labour ...
www.star-telegram.com
By JULIE HIRSCHFELD DAVIS Prospects dimmed on Monday for the $25 billion bailout that U.S. automakers say they desperately need to get through a bleak and dangerous December. Though all sides agree that Detroit's Big Three carmakers are in peril, battered by the economic meltdown that has choked their sales and frozen loans, the White House and congressional Democrats are headed for stalemate ...
uk.biz.yahoo.com
With the Big Three US automakers teetering on the edge of insolvency, it appears Washington may finally be ready to come to Detroit's rescue.
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