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12 November 2008 @ 01:39 pm
The worst financial crisis in 80 years, arising from huge banking losses in the slumping U.S. housing market, has now fostered a broad economic downturn, with even fast-growing China proving not to be immune.SUMMIT HOPESBritish retail sales fell by the biggest amount in more than three years in October, and a housing industry survey showed home sales slumped to their lowest level in at least 30 years.
 
 
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