10/10/2008
Canadian job growth stuns; government to aid banks (Reuters via Yahoo! News)
The Canadian economy created more than 10 times the number of jobs expected in September, figures released on Friday showed, while the government unveiled a plan to buy insured mortgages to help cushion banks from the global financial crisis.
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10/10/2008
Government probes defense contractor over payments (USA Today)
Army criminal investigators are examining whether Combat Support Associates, a defense contractor that has earned more than $2 billion so far supporting U.S. troops in Iraq, overcharged the government. The company said it is cooperating in the case.
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10/10/2008
Government pledges action on bank (BBC News)
Ministers want the Icelandic government to honour a commitment to investors in Kaupthing Singer and Friedlander.
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10/10/2008
President Bush: Anxiety Masks Efforts Government is Taking (Fox News)
The anxiety sweeping the financial markets masks the efforts the Federal Government is making to aid the struggling economy, said President George Bush in an address in the Rose Garden of the White House.
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10/10/2008
Russian Government To Invest In Stocks, Bonds: Report (Fox News)
Russian Government To Invest In Stocks, Bonds: Report
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10/10/2008
AIG borrows 57 percent of government loan: report (Reuters via Yahoo! News)
American International Group Inc has so far borrowed $70.3 billion under a U.S. government bailout loan even as regulators keep a close eye on how the insurer is using those funds, The Wall Street Journal said.
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10/10/2008
Bush Says Government Using `Wide Range of Tools' on Crisis (Bloomberg)
Oct. 10 (Bloomberg) -- President George W. Bush said the U.S. government will ``aggressively'' use a ``wide range of tools'' to help stabilize financial markets and resolve the financial crisis.
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10/10/2008
Belgium Government Announces Measures To Stabilize Banks (Nasdaq)
BRUSSELS (AFP)--Belgium's government announced measures Friday aimed at reinforcing banks' stability and returning market confidence, including a plan to facilitate borrowing between banks.
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10/10/2008
N.L. government scraps trade mission to Iceland (CBC Newfoundland and Labrador)
The provincial government has cancelled a trade mission to Iceland, but the trade minister said Friday he hasn't given up on the country just yet.
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10/10/2008
Bush says the government's financial rescue plan is aggressive and big enough to work (Canadian Business)
Terence Hunt October 10, 2008 - 4:01 p.m. WASHINGTON (AP) - President Bush said Friday that the government's financial rescue plan was aggressive enough and big enough to work, but would take time to fully kick in.
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