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  • IMF Board Approves $15.7 Billion Loan for Hungary (Update1) (Bloomberg)
    www.bloomberg.com
    Nov. 7 (Bloomberg) -- The International Monetary Fund approved a $15.7 billion loan to Hungary to shore up an economy ravaged by the global financial crisis in exchange for the government's pledges to cut spending.
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    NEW YORK (Reuters) - Americans slashed spending and the country's business outlook weakened but there were signs of stabilization in global markets on Friday, with interbank rates falling and U.S. stocks posting their best week in 34 years. But in a ...
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