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Global financial crisis | Ongoing

With the collapse of a number of financial institutions in the United States, the financial crisis quickly spread around the world.
Special Report: Global Financial Crisis
 

Traders work in the New York Stock Exchange on December 1, 2008. Wall Street plunged amid economic woes Monday as investors cashed in some of their gains from the big rally in the previous week and key economic reports showed economic slowdown. [Xinhua] 
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