US lawmakers say they believe a deal on a 700 billion-dollar package to support financial markets could be reached by Sunday. Urgent negotiations are taking place in an effort Bush optimismistic about bailout plan ...
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Bush lectures China ahead of Games ... to finalise an agreement by the opening of stock market trading on Monday. Congress has been working through the weekend to reach a compromise on the package, which has been criticised for its lack of accountability.
The Bush administration's plan foresees using taxpayer's money to buy the bad property-related debt of banks, which lies at the heat of the financial crisis.
(Deutsche Welle)
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