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Stocks: A Terrible Thursday

BusinessWeek - Major U.S. indexes each tumbled nearly 3% as worries intensified over the health of the economy. All eyes are on Friday’s jobs report.

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Europe’s economies - Tumbling rates

Economist - AS EUROPEAN economies have weakened far more than expected, their central banks have wielded their big weapon. Thursday December 4th will go down in monetary history as the day that they made drastic cuts in interest rates to ward off a severe recession.

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