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  1. Argentina's credit rating cut further as turmoil spreads (International Herald Tribune)
    Standard & Poor's cut Argentina's sovereign credit rating for the second time in less than three months Friday, sending it deeper into junk bond territory on worries of greater investor risk.
  2. Car industry bailout low on gas (The New Zealand Herald)
    Senate Democrats pressed ahead yesterday with plans to vote next week on a US$25 billion ($44.27 billion) emergency loan plan for US carmakers as the motor industry and business groups readied a lobbying onslaught to overcome Republican opposition.
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