Rescue packages halt market slides

The financial world stepped back from the brink today after bank rescue packages worth hundreds of billions were unveiled by Britain and Europe as the US continued to forge ahead with its own salvage plan.

Rescue packages halt market slides
Mon, 13 Oct, 2008 - 18:07

The financial world stepped back from the brink today after bank rescue packages worth hundreds of billions were unveiled by Britain and Europe as the US continued to forge ahead with its own salvage plan.

Markets bounced back from a week of falls, buoyed by financial pledges from the governments.

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