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By JEANNIE CLARKE LONDON European stocks posted a fourth straight day of losses amid fears of a significant global economic downturn, and as any excitement towards the potential for further global interest rate cuts faded. Stocks fluctuate despite emergency rate cut. Finland’s Ahtisaari Wins Nobel Peace Prize. State Demos take fire at Wilson ads.
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One of the biggest showdowns on Wall Street ended with a whimper Thursday when Citigroup walked away from efforts to block a deal between Wachovia and Wells Fargo, paving the way for a merger that would concentrate power within the American banking. As Credit Crisis Spreads, Global Approach Weighed.
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