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Page last updated at 09:02 GMT, Wednesday, 17 December 2008

Federal Reserve
The US Federal Reserve slashes its key interest rate from 1% to a range of zero to 0.25% - the lowest since records began.

The top US financial watchdog is to investigate why it failed to act on warnings about Bernard Madoff, dating back to 1999.

Opec leaders gather in Algeria where they are under pressure to make their biggest single cut in oil production to date.

FEATURES, VIEWS, ANALYSIS
Migrant workers enquire at a migrant worker job fair in Chongqing Municipality, China
How the financial slowdown is hitting the money migrant workers send home
Why Madoff investors fooled themselves
On the trail of migrants, cash-flow and crime
Innovations make the nuclear clean-up easier


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Iceland's Prime Minister threatens to sue Britain
How panto is defying the downturn
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MARKET DATA - 09:18 UK

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