Wednesday, October 15, 2008

U.S. to pump $250 bln into banks, economies struggle

By Jeremy Pelofsky and Tabassum Zakaria WASHINGTON (Reuters) - The United States pledged on Tuesday to pump $250 billion into its banks, following similar action in Europe, but data showed the threat of recession has not been banished. Pres. Bush stated this morning that he still trust the virtue of " Free Market ".

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