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Russia moves to broaden bank loans
Published: Oct. 3, 2008 at 9:07 AM
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MOSCOW, Oct. 3 (UPI) -- Russia's State Duma approved legislation Friday that would allow the county's central bank to extend unsecured loans to qualified banks.
The loans were available for up to six months, RIA Novosti news service reported.
The new measures are meant to supply liquidity to Russia's banks during the financial crisis that has reverberated throughout global markets. Russia's Central Bank will set terms and conditions for the loans, RIA Novosti reported.
© 2008 United Press International, Inc. All Rights Reserved.
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WASHINGTON, July 3 (UPI) --
President Barack Obama prepared to celebrate the nation's -- and his daughter Malia's -- July 4 birthdays with several thousand guests, the White House said.
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NEW YORK, July 3 (UPI) --
Billionaire investor Warren Buffett gave $1.51 billion to four charities this week, a filing at the U.S. Securities and Exchange Commission shows.
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Thursday, July 2
Thursday, July 2
Thursday, July 2
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