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UPDATE 3-France urges EU unity on finance reforms - Reuters India BRUSSELS, Nov 7 (Reuters) - French President Nicolas Sarkozy urged European leaders on Friday to back a common line on reforms to the global financial system ahead of world summit next week. The call followed signs of disagreement between Paris and ...
Banks bouncing back, borrowers still wary (The Post and Courier) NEW YORK — Billions of federal bailout dollars are flooding the financial system, credit markets are loosening and many banks say they are ready to lend. But a crucial piece needed to solve the credit crisis is still missing: borrowers. With the economy slowing, banks are seeing a big decline in the number of people seeking loans because nervous consumers and small businesses are scaling back ...
Sen. Bond to propose tax incentives for auto buyers (The Joplin Globe) Sen. Christopher “Kit” Bond on Thursday said he plans to introduce legislation that would make interest on car loans tax-deductible to help revive auto sales, while debate swirled on a separate proposal for a $25 billion loan for the country’s ailing automakers.