US President George W.
Bush has signed into law a 700 billion dollar financial rescue package. He said the effects from the bailout would take some time to show up in the US economy. On Friday, the House of Representatives voted in favor of the revised bailout package after rejecting the original version on Monday. The bailout allows the US government to buy distressed bank assets that triggered the Wall Street financial crisis.
(Deutsche Current EU threat to Russia may not be last one - Czech PM ...
Sticky situation averted as man tries to glue himself to British PM ... Welle)
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