Lud
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Joined: 01 Jan 1970
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 Posted: Sun Oct 12, 2008 8:23 am Post subject: Australia guarantees bank deposits to combat crisis |
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CANBERRA/WELLINGTON (Reuters) - Australia and New Zealand gave a blanket guarantee to all bank deposits Sunday in a move likely to raise pressure on other economies to do the same, amid a crisis of confidence in the global financial system.
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