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Saturday, October 11, 2008

Senate passes finance bailout, but fails to lift gloom (AFP)

A trader works on the floor of the New York Stock Exchange. Leading Democrats were optimistic that a 700-billion-dollar Wall Street bailout would pass the US House of Representatives on Friday, but uncertainty kept stock markets skittish(AFP/Getty Images/Spencer Platt)AFP - US senators passed a new 700-billion-dollar bailout of the debt-stricken financial system but failed to lift Wall Street's gloom Thursday while Europe appeared divided over how to battle the crisis.

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