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[Breaking News] NEW YORK - US stocks plunged Friday as the government took a bigger stake in Citigroup Inc and figures showed the economy shrank at a far greater pace than expected. The Commerce Department said Friday that the US economy shrank by 6.2 percent in the final quarter of 2008, the worst fourth-quarter showing by the country since the recession of 1982.

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[Breaking News] Report: UK economy shrank 2.4 pct in 1st quarter; worse than ...: Turkish economy shrank 13.8 percent in Q1ANKARA, Turkey ”” Turkey's economy shrank by a painful 13.8 percent in the first quarter compared to the same quarter a year ago as foreign trade contracted sharply amid the global recession, the Turkish Statistics Institute announced on Tuesday. The government did not provide an explanation but the hardest hit was trade with statistics showing a 25.4 percent contraction in the first quarter, with both exports and orders down.

[XE Forex News] XE.com - UPDATE 2-Turkish economy shrinks record 13.8 pct in Q1: The data was set to raise pressure on the government to agree a fresh deal with the IMF to replace a $10 billion accord that expired in May last year. A deal would help remove risks in rolling over billions of dollars in debt in the coming months.

[Breaking News] Rs.13397 crore for road projects in Kashmir, northeast: NEW DELHI - About 40 percent of the country's road projects put up for competitive bidding have found no takers due to the economic slowdown, a Planning Commission member said here Friday. 'Of the 60 road projects that had been put up for competitive bidding, 40 percent received no bids,' Planning Commission member Kirit Parikh said.

[Local/AP] Official who oversees automatic train control system is ...: John Catoe told relatives, friends and colleagues who gathered at a Washington church that 42-year-old Jeanice McMillan was not just doing her job when she was operating the train. He called her a hero and said her actions "ultimately saved lives."

[Goldnotes - A Resource Investor's Blog] Goldnotes - A Resource Investor's Blog » London Irvine Report ...: Sadly last week also brought two shooting massacres, that the media have dubbed possible “unemployment rage.”  We open with Bloomberg and the NY Times, covering the latest news from the world’s leading economy. America has now got flu, little wonder that the world’s leading export countries have all now got a case of pneumonia.  There is very little reason to think that employment in the US economy is about to recover soon.

[End Times Prophetic, Prophecy, Visions, Dreams, Revelation, Christian Blog] A Vision re the American Economy & The Dow Jones Index « End Times ...: “We simply cannot accept the attempts taking place in individual countries to highlight the ”˜civilizing, liberating mission’ of the fascists and their accomplices.” He was obliquely referring to anti-Communist patriots in Georgia, Ukraine and the Baltic States, and to the way they’d welcomed the German invaders in 1941. “Characteristically,” he continued, “it is those states that have such a passion for rewriting history and domestic and foreign policies that are at the same time the most zealous advocates of illegal acts, like the Kosovo precedent”¦.

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