10/12/2008
Australian government guarantees all bank deposits (AFP via Yahoo! News)
The Australian government will guarantee all deposits in domestic banks as the financial crisis enters a dangerous new phase and threatens growth, Prime Minister Kevin Rudd said Sunday.
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10/12/2008
Yuan Has Weekly Gain as Government Seeks Stability; Bonds Rise (Bloomberg)
Oct. 10 (Bloomberg) -- The yuan posted its biggest weekly gain in more than a month versus against the dollar as the government said it will seek a stable currency as a global credit crisis roils financial markets.
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10/12/2008
Taiwan Government: To Cut Stock Market Daily Fall Limit To 3.5% Vs 7% (Nasdaq)
TAIPEI -(Dow Jones)- The Taiwan government said Sunday it will cut the stock market's daily decline limit to 3.5% from 7%, from Monday through Oct. 17 in order to stabilize the local market.
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10/12/2008
Iran's government fails to end bazaar tax strike (Reuters via Yahoo! Philippines News)
TEHRAN, Oct 12 (Reuters) - A week-long strike against a new value added tax (VAT) appeared to be spreading in Tehran's bazaar on Sunday, even though the Iranian government suspended the measure for two months, witnesses said on Sunday.
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10/12/2008
Israel Min:Government Working On Emergency Bank Deposit Insur Plan (Nasdaq)
JERUSALEM -(Dow Jones)- The Israeli Finance Minister Roni Bar-On said Sunday that the government is working on an emergency plan to guarantee deposits in case an Israeli bank collapses due to the ongoing global financial crisis.
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10/12/2008
Iraq Pours In Police To Protect Christians In Mosul - Government (Nasdaq)
BAGHDAD (AFP)--Iraq dispatched nearly 1,000 police to the northern city of Mosul Sunday to protect Christians fleeing the worst violence perpetrated against them in five years, the government said.
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10/11/2008
Supporters of Thai government rally near Bangkok (AP via Yahoo! News)
Thousands of supporters of Thailand's ruling coalition gathered Saturday on the outskirts of Bangkok in a show of strength, two days ahead of a planned major protest by a group hoping to topple the elected government.
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10/12/2008
Bank shares 'to be suspended' as Government hammers out £35bn bail-out of RBS and HBOS (Daily Mail)
Banking shares could be suspended tomorrow while the Government agrees a £35billion lifeline for some of Britain's biggest banks. The Treasury and bank chiefs are understood to be locked in talks today.
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10/12/2008
Bank shares 'to be suspended' as Government hammers out £35billion takeover (Daily Mail)
The Government is poised to take huge stakes in some of Britain’s biggest banks this week, with the Treasury and bank chiefs understood to be locked in talks over a £35billion bail-out.
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10/12/2008
A low-risk play: government bonds (Seattle Times)
U.S. Treasury notes, bonds and savings bonds have a long track record as a low-risk saving vehicle. Government securities come in many forms, ranging from inexpensive $25 savings bonds to larger notes with a $1,000 minimum.
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