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Hot Topic: Citi shares sink as world economy deflates

November 26, 2008

power vacuum seems to be contributing to the global financial crisis as shares of giant get hammered today. Congressmen and corporate chiefs are working on the fate of the US auto makers. zone demand plunged, and world central bankers are now considering the prospect of deflation as the Bank of Japan left its benchmark interest rate at just 0.3 percent, saying the road to recovery would be a long one.

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