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Kuwait moved Sunday to prop up the country's second-largest commercial bank and scrambled to protect depositors at other domestic banks, dashing hopes that oil-rich Arabian Gulf nations would emerge largely unscathed from the global financial crisis. ...more
October 27, 2008
The battered home-building industry got another dose of bad news Friday as a key bellwether of the sector's health showed new home sales and prices dipped in June, dashing hopes for a summertime housing turnaround. ...more
July 26, 2008
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