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  • Editor's pick
    • BASRA, IRAQ - OCTOBER 18:  People gather around a Land Rover as it arrives at the village Al Houta on October 18 2008 near Basra, Iraq. The trip by the 51 Sqn Royal Air Force Regiment Force Protection Wing was part of a 'key leader engagement' (KLE) visit to the village close to the Basra Airbase to recruit local labour and engage with the village shiek. Visits of this type are seen as key in efforts to continue winning the support of the local Iraqi population. Although improved security in the region has brought some benefits such as improved trade and commerce, much of the infrastructure remains in a poor state of repair. Britain's Prime Minister Gordon Brown has indicated that the number of UK troops could be scaled down - especially as the security situation in the south of the country continues to improve. From Getty Images.

      BASRA, IRAQ - OCTOBER 18: People gather around a Land Rover as it arrives at the village Al Houta on October 18 2008 near Basra, Iraq. The trip by the 51 Sqn Royal Air Force Regiment Force Protection Wing was part of a 'key leader engagement' (KLE) visit to the village close to the Basra Airbase to recruit local labour and engage with the village shiek. Visits of this type are seen as key in efforts to continue winning the support of the local Iraqi population. Although improved security in the region has brought some benefits such as improved trade and commerce, much of the infrastructure remains in a poor state of repair. Britain's Prime Minister Gordon Brown has indicated that the number of UK troops could be scaled down - especially as the security situation in the south of the country continues to improve.

    • Democratic presidential nominee Senator Barack Obama (D-IL) speaks during a campaign rally in the rain at the University of Mary Washington in Fredericksburg, Virginia, September 27, 2008. From Reuters Pictures by Reuters.

      Democratic presidential nominee Senator Barack Obama (D-IL) speaks during a campaign rally in the rain at the University of Mary Washington in Fredericksburg, Virginia, September 27, 2008.

    • A puppy stands on a truck carrying people to be evacuated from the area in preparation for the approach of Hurricane Gustav in Batabano, on the southern coast of Cuba, August 30, 2008. Powerful Hurricane Gustav roared toward western Cuba on Saturday with 125 mph (205 kph) winds on its way to the oil-rich Gulf of Mexico after a deadly pass through the Caribbean. From Reuters Pictures by REUTERS.

      A puppy stands on a truck carrying people to be evacuated from the area in preparation for the approach of Hurricane Gustav in Batabano, on the southern coast of Cuba, August 30, 2008. Powerful Hurricane Gustav roared toward western Cuba on Saturday with 125 mph (205 kph) winds on its way to the oil-rich Gulf of Mexico after a deadly pass through the Caribbean.

    • BANGKOK, THAILAND - AUGUST 30:  A member of Anti-government People's Alliance for Democracy (PAD) stands behind barbed wire outside Government on August 30, 2008, in Bangkok, Thailand. The protesters want to unseat the seven-month old coalition government lead by Prime Minister Samak Sundaravej. From Getty Images.

      BANGKOK, THAILAND - AUGUST 30: A member of Anti-government People's Alliance for Democracy (PAD) stands behind barbed wire outside Government on August 30, 2008, in Bangkok, Thailand. The protesters want to unseat the seven-month old coalition government lead by Prime Minister Samak Sundaravej.

  • Hot off the wire
    • Local people read newspapers in front of an old structure with the pictures of Indian mythological gods at a street leading towards the Taj Mahal Hotel in Mumbai, India, Tuesday, Dec. 2, 2008. The scarred and traumatized city struggled back to its feet Monday, reopening schools and businesses, as residents tried to come to terms with the string of terror attacks that brought bloodshed to the heart of Mumbai. The mourning for the 172 people killed in the three days of violence that started Wednesday night was not over, however. From AP Photo by Altaf Qadri.

      Local people read newspapers in front of an old structure with the pictures of Indian mythological gods at a street leading towards the Taj Mahal Hotel in Mumbai, India, Tuesday, Dec. 2, 2008. The scarred and traumatized city struggled back to its feet Monday, reopening schools and businesses, as residents tried to come to terms with the string of terror attacks that brought bloodshed to the heart of Mumbai. The mourning for the 172 people killed in the three days of violence that started Wednesday night was not over, however.

    • A voter displays her voter identity card as others wait for their turn to cast their ballot during an assembly election at a polling booth in Aizawl, capital of India's northeastern state of Mizoram, December 2, 2008. Polling is being held across Aizawl on Tuesday for Mizoram's 40 assembly seats. From Reuters Pictures by REUTERS.

      A voter displays her voter identity card as others wait for their turn to cast their ballot during an assembly election at a polling booth in Aizawl, capital of India's northeastern state of Mizoram, December 2, 2008. Polling is being held across Aizawl on Tuesday for Mizoram's 40 assembly seats.

    • South Korean activists (L) scuffle with left-leaning critics (R) who tried to block the propaganda leaf-letting at Imjingak park near the border with North Korea in Paju on December 2, 2008. South Korean rights activists launched more propaganda leaflets into North Korea after scuffling with critics who accused them of straining cross-border relations. From Getty Images by AFP/Getty Images.

      South Korean activists (L) scuffle with left-leaning critics (R) who tried to block the propaganda leaf-letting at Imjingak park near the border with North Korea in Paju on December 2, 2008. South Korean rights activists launched more propaganda leaflets into North Korea after scuffling with critics who accused them of straining cross-border relations.

  • Recently starred
    • Chelsea Clinton (L) and former US President Bill Clinton watch as US Democratic presidential candidate Senator Hillary Clinton (D-NY) speaks at the National Building Museum in Washington June 7, 2008. Clinton endorsed presumptive Democratic presidential nominee Senator Barack Obama (D-IL) to be the Democratic U.S. presidential candidate on Saturday and suspended her own White House bid less than a week after the Illinois senator secured enough support to win the nomination. Clinton's endorsement of Obama in a speech at the National Building Museum marked the beginning of efforts to reunite the Democratic Party after a long and divisive campaign battle that ended on Tuesday when Obama won the support of enough delegates to clinch the nomination. From Reuters Pictures by REUTERS.

      Chelsea Clinton (L) and former US President Bill Clinton watch as US Democratic presidential candidate Senator Hillary Clinton (D-NY) speaks at the National Building Museum in Washington June 7, 2008. Clinton endorsed presumptive Democratic presidential nominee Senator Barack Obama (D-IL) to be the Democratic U.S. presidential candidate on Saturday and suspended her own White House bid less than a week after the Illinois senator secured enough support to win the nomination. Clinton's endorsement of Obama in a speech at the National Building Museum marked the beginning of efforts to reunite the Democratic Party after a long and divisive campaign battle that ended on Tuesday when Obama won the support of enough delegates to clinch the nomination.

    • A tear runs down the face of U.S. Democratic presidential nominee Senator Barack Obama (D-IL) as he speaks about his grandmother who died earlier on Monday, during a campaign rally in Charlotte, North Carolina,  November 3, 2008. On the eve of Tuesday's U.S. presidential election, Obama's grandmother Madelyn Dunham died after a battle with cancer. From Reuters Pictures by REUTERS.

      A tear runs down the face of U.S. Democratic presidential nominee Senator Barack Obama (D-IL) as he speaks about his grandmother who died earlier on Monday, during a campaign rally in Charlotte, North Carolina, November 3, 2008. On the eve of Tuesday's U.S. presidential election, Obama's grandmother Madelyn Dunham died after a battle with cancer.

    • U.S. Democratic presidential candidates Senator Barack Obama (D-IL) and Senator Hillary Clinton (D-NY) (R) share a hug at the conclusion of the CNN/Los Angeles Times Democratic presidential debate in Hollywood, California January 31, 2008. From Reuters Pictures by REUTERS.

      U.S. Democratic presidential candidates Senator Barack Obama (D-IL) and Senator Hillary Clinton (D-NY) (R) share a hug at the conclusion of the CNN/Los Angeles Times Democratic presidential debate in Hollywood, California January 31, 2008.

    • U.S. Republican presidential nominee Senator John McCain (R-AZ) (near) answers a question as Democratic presidential nominee Senator Barack Obama (D-IL) looks at him during their debate at Belmont University in Nashville, Tennessee October 7, 2008. From Reuters Pictures by REUTERS.

      U.S. Republican presidential nominee Senator John McCain (R-AZ) (near) answers a question as Democratic presidential nominee Senator Barack Obama (D-IL) looks at him during their debate at Belmont University in Nashville, Tennessee October 7, 2008.

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NYSE CEO Duncan Neiderauer, third left, talks to a television reporter, right, and two floor governors on the floor of the New York Stock Exchange before the opening bell, Friday Oct. 24, 2008. From AP Photo by RICHARD DREW.

NYSE CEO Duncan Neiderauer, third left, talks to a television reporter, right, and two floor governors on the floor of the New York Stock Exchange before the opening bell, Friday Oct. 24, 2008.

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NEW YORK - OCTOBER 23:  Men stand outside of the New York Stock Exchange (NYSE) October 23, 2008 in New York City. Stocks were mixed today, with the Dow Jones industrial average (INDU) gaining 2% or 172 points after two days of declines. From Getty Images.

NEW YORK - OCTOBER 23: Men stand outside of the New York Stock Exchange (NYSE) October 23, 2008 in New York City. Stocks were mixed today, with the Dow Jones industrial average (INDU) gaining 2% or 172 points after two days of declines.

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NEW YORK - OCTOBER 23:  A man leaves the New York Stock Exchange (NYSE) October 23, 2008 in New York City. Stocks were mixed today, with the Dow Jones industrial average (INDU) gaining 2% or 172 points after two days of declines. From Getty Images.

NEW YORK - OCTOBER 23: A man leaves the New York Stock Exchange (NYSE) October 23, 2008 in New York City. Stocks were mixed today, with the Dow Jones industrial average (INDU) gaining 2% or 172 points after two days of declines.

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NEW YORK - OCTOBER 23:  A man leaves the New York Stock Exchange (NYSE) October 23, 2008 in New York City. Stocks were mixed today, with the Dow Jones industrial average (INDU) gaining 2% or 172 points after two days of declines. From Getty Images.

NEW YORK - OCTOBER 23: A man leaves the New York Stock Exchange (NYSE) October 23, 2008 in New York City. Stocks were mixed today, with the Dow Jones industrial average (INDU) gaining 2% or 172 points after two days of declines.

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NYSE CEO Duncan L. Niederauer, left, tours the trading floor of the New York Stock Exchange, Friday, Oct. 10, 2008. Wall Street capped its worst week ever with a wild session Friday that saw the Dow Jones industrials rocket within a 1,000 point range before closing with a relatively mild loss and the Nasdaq composite index actually end with a modest advance. From AP Photo by RICHARD DREW.

NYSE CEO Duncan L. Niederauer, left, tours the trading floor of the New York Stock Exchange, Friday, Oct. 10, 2008. Wall Street capped its worst week ever with a wild session Friday that saw the Dow Jones industrials rocket within a 1,000 point range before closing with a relatively mild loss and the Nasdaq composite index actually end with a modest advance.

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This weekend Nike (NYSE: NKE) kicks off a new football campaign, "FATE," which captures the true essence of the game by following the journeys of two top athletes from their first steps to playing in the NFL. The "FATE" TV commercial features San Diego Chargers All-Pro running back LaDainian Tomlinson (pictured) and Pittsburgh Steelers Safety Troy Polamalu. From AP Photo by Business Wire.

This weekend Nike (NYSE: NKE) kicks off a new football campaign, "FATE," which captures the true essence of the game by following the journeys of two top athletes from their first steps to playing in the NFL. The "FATE" TV commercial features San Diego Chargers All-Pro running back LaDainian Tomlinson (pictured) and Pittsburgh Steelers Safety Troy Polamalu.

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An NYSE is seen over the trading floor of the New York Stock Exchange, October 3, 2008. U.S. stocks stayed near session highs on Friday after a report showed that growth in the vast services sector held up in September, tempering worries about the economy and the profit outlook. From Reuters Pictures by REUTERS.

An NYSE is seen over the trading floor of the New York Stock Exchange, October 3, 2008. U.S. stocks stayed near session highs on Friday after a report showed that growth in the vast services sector held up in September, tempering worries about the economy and the profit outlook.

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Turkish President Abdullah Gul (L) and NYSE-Euronext chief executive Duncan Niederauer ring the opening bell at the New York Stock Exchange, September 26, 2008. From Reuters Pictures by REUTERS.

Turkish President Abdullah Gul (L) and NYSE-Euronext chief executive Duncan Niederauer ring the opening bell at the New York Stock Exchange, September 26, 2008.

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NEW YORK - SEPTEMBER 19:  Employees leave the New York Stock Exchange (NYSE) after a tumultuous week September 19, 2008 in New York City. Stocks rallied Friday with the Dow rising 369 points. From Getty Images.

NEW YORK - SEPTEMBER 19: Employees leave the New York Stock Exchange (NYSE) after a tumultuous week September 19, 2008 in New York City. Stocks rallied Friday with the Dow rising 369 points.

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NEW YORK - SEPTEMBER 19:  Employees leave the New York Stock Exchange (NYSE) after a tumultuous week September 19, 2008 in New York City. Stocks rallied Friday with the Dow rising 369 points. From Getty Images.

NEW YORK - SEPTEMBER 19: Employees leave the New York Stock Exchange (NYSE) after a tumultuous week September 19, 2008 in New York City. Stocks rallied Friday with the Dow rising 369 points.

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NEW YORK - SEPTEMBER 19:  Employees leave the New York Stock Exchange (NYSE) after a tumultuous week September 19, 2008 in New York City. Stocks rallied Friday with the Dow rising 369 points. From Getty Images.

NEW YORK - SEPTEMBER 19: Employees leave the New York Stock Exchange (NYSE) after a tumultuous week September 19, 2008 in New York City. Stocks rallied Friday with the Dow rising 369 points.

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NEW YORK - SEPTEMBER 19: A trader leaves the New York Stock Exchange (NYSE) after a tumultuous week September 19, 2008 in New York City. Stocks rallied Friday with the Dow rising 369 points. From Getty Images.

NEW YORK - SEPTEMBER 19: A trader leaves the New York Stock Exchange (NYSE) after a tumultuous week September 19, 2008 in New York City. Stocks rallied Friday with the Dow rising 369 points.

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NEW YORK - SEPTEMBER 19: Employees leave the New York Stock Exchange (NYSE) after a tumultuous week September 19, 2008 in New York City. Stocks rallied Friday with the Dow rising 369 points. From Getty Images.

NEW YORK - SEPTEMBER 19: Employees leave the New York Stock Exchange (NYSE) after a tumultuous week September 19, 2008 in New York City. Stocks rallied Friday with the Dow rising 369 points.

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NEW YORK - SEPTEMBER 16:  Pedestrians walk outside of the New York Stock Exchange (NYSE) September 16, 2008 in New York City. U.S. stocks continued to drop Tuesday morning for the second consecutive day, following yesterday's Dow Jones Industrial Average plunge of 4.4% or 504 points, being the worst single day loss since the terrorist attacks of September 2001. Today the Federal Reserve is scheduled to announce the target interest rates for the federal funds. It's not clear how the central bank will respond to recent turmoil in the world's financial markets. This comes after news of Merrill Lynch & Co. Inc selling itself to Bank of America Corp, the financial firm Lehman Brothers Holdings Inc. filing for Chapter 11 bankruptcy protection, and insurance giant American International Group Inc. (AIG) attempting to raise capital to stay afloat. From Getty Images.

NEW YORK - SEPTEMBER 16: Pedestrians walk outside of the New York Stock Exchange (NYSE) September 16, 2008 in New York City. U.S. stocks continued to drop Tuesday morning for the second consecutive day, following yesterday's Dow Jones Industrial Average plunge of 4.4% or 504 points, being the worst single day loss since the terrorist attacks of September 2001. Today the Federal Reserve is scheduled to announce the target interest rates for the federal funds. It's not clear how the central bank will respond to recent turmoil in the world's financial markets. This comes after news of Merrill Lynch & Co. Inc selling itself to Bank of America Corp, the financial firm Lehman Brothers Holdings Inc. filing for Chapter 11 bankruptcy protection, and insurance giant American International Group Inc. (AIG) attempting to raise capital to stay afloat.

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NEW YORK - SEPTEMBER 16: Traders work on of the New York Stock Exchange (NYSE) September 16, 2008 in New York City. In trading yesterday the Dow Jones Industrial Average fell 4.4% or 500 points, its worst single day loss since the terrorist attacks in September 2001. Today the Federal Reserve is scheduled to announce the target interest rates for the federal funds. It's not clear how the central bank will respond to recent turmoil in the world's financial markets. This comes after news of Merrill Lynch & Co. Inc selling itself to Bank of America Corp, the financial firm Lehman Brothers Holdings Inc. filing for Chapter 11 bankruptcy protection, and insurance giant American International Group Inc. (AIG) attempting to raise capital to stay afloat. From Getty Images.

NEW YORK - SEPTEMBER 16: Traders work on of the New York Stock Exchange (NYSE) September 16, 2008 in New York City. In trading yesterday the Dow Jones Industrial Average fell 4.4% or 500 points, its worst single day loss since the terrorist attacks in September 2001. Today the Federal Reserve is scheduled to announce the target interest rates for the federal funds. It's not clear how the central bank will respond to recent turmoil in the world's financial markets. This comes after news of Merrill Lynch & Co. Inc selling itself to Bank of America Corp, the financial firm Lehman Brothers Holdings Inc. filing for Chapter 11 bankruptcy protection, and insurance giant American International Group Inc. (AIG) attempting to raise capital to stay afloat.

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NEW YORK - SEPTEMBER 16:  Traders work on of the New York Stock Exchange (NYSE) September 16, 2008 in New York City. In trading yesterday the Dow Jones Industrial Average fell 4.4% or 500 points, its worst single day loss since the terrorist attacks in September 2001. Today the Federal Reserve is scheduled to announce the target interest rates for the federal funds. It's not clear how the central bank will respond to recent turmoil in the world's financial markets. This comes after news of Merrill Lynch & Co. Inc selling itself to Bank of America Corp, the financial firm Lehman Brothers Holdings Inc. filing for Chapter 11 bankruptcy protection, and insurance giant American International Group Inc. (AIG) attempting to raise capital to stay afloat. From Getty Images.

NEW YORK - SEPTEMBER 16: Traders work on of the New York Stock Exchange (NYSE) September 16, 2008 in New York City. In trading yesterday the Dow Jones Industrial Average fell 4.4% or 500 points, its worst single day loss since the terrorist attacks in September 2001. Today the Federal Reserve is scheduled to announce the target interest rates for the federal funds. It's not clear how the central bank will respond to recent turmoil in the world's financial markets. This comes after news of Merrill Lynch & Co. Inc selling itself to Bank of America Corp, the financial firm Lehman Brothers Holdings Inc. filing for Chapter 11 bankruptcy protection, and insurance giant American International Group Inc. (AIG) attempting to raise capital to stay afloat.

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NEW YORK - SEPTEMBER 16:  Traders work on of the New York Stock Exchange (NYSE) September 16, 2008 in New York City. In trading yesterday the Dow Jones Industrial Average fell 4.4% or 500 points, its worst single day loss since the terrorist attacks in September 2001. Today the Federal Reserve is scheduled to announce the target interest rates for the federal funds. It's not clear how the central bank will respond to recent turmoil in the world's financial markets. This comes after news of Merrill Lynch & Co. Inc selling itself to Bank of America Corp, the financial firm Lehman Brothers Holdings Inc. filing for Chapter 11 bankruptcy protection, and insurance giant American International Group Inc. (AIG) attempting to raise capital to stay afloat. From Getty Images.

NEW YORK - SEPTEMBER 16: Traders work on of the New York Stock Exchange (NYSE) September 16, 2008 in New York City. In trading yesterday the Dow Jones Industrial Average fell 4.4% or 500 points, its worst single day loss since the terrorist attacks in September 2001. Today the Federal Reserve is scheduled to announce the target interest rates for the federal funds. It's not clear how the central bank will respond to recent turmoil in the world's financial markets. This comes after news of Merrill Lynch & Co. Inc selling itself to Bank of America Corp, the financial firm Lehman Brothers Holdings Inc. filing for Chapter 11 bankruptcy protection, and insurance giant American International Group Inc. (AIG) attempting to raise capital to stay afloat.

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NEW YORK - SEPTEMBER 16: Traders work on of the New York Stock Exchange (NYSE) September 16, 2008 in New York City. In trading yesterday the Dow Jones Industrial Average fell 4.4% or 500 points, its worst single day loss since the terrorist attacks in September 2001. Today the Federal Reserve is scheduled to announce the target interest rates for the federal funds. It's not clear how the central bank will respond to recent turmoil in the world's financial markets. This comes after news of Merrill Lynch & Co. Inc selling itself to Bank of America Corp, the financial firm Lehman Brothers Holdings Inc. filing for Chapter 11 bankruptcy protection, and insurance giant American International Group Inc. (AIG) attempting to raise capital to stay afloat. From Getty Images.

NEW YORK - SEPTEMBER 16: Traders work on of the New York Stock Exchange (NYSE) September 16, 2008 in New York City. In trading yesterday the Dow Jones Industrial Average fell 4.4% or 500 points, its worst single day loss since the terrorist attacks in September 2001. Today the Federal Reserve is scheduled to announce the target interest rates for the federal funds. It's not clear how the central bank will respond to recent turmoil in the world's financial markets. This comes after news of Merrill Lynch & Co. Inc selling itself to Bank of America Corp, the financial firm Lehman Brothers Holdings Inc. filing for Chapter 11 bankruptcy protection, and insurance giant American International Group Inc. (AIG) attempting to raise capital to stay afloat.

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NEW YORK - SEPTEMBER 16:  Traders work on of the New York Stock Exchange (NYSE) September 16, 2008 in New York City. In trading yesterday the Dow Jones Industrial Average fell 4.4% or 500 points, its worst single day loss since the terrorist attacks in September 2001. Today the Federal Reserve is scheduled to announce the target interest rates for the federal funds. It's not clear how the central bank will respond to recent turmoil in the world's financial markets. This comes after news of Merrill Lynch & Co. Inc selling itself to Bank of America Corp, the financial firm Lehman Brothers Holdings Inc. filing for Chapter 11 bankruptcy protection, and insurance giant American International Group Inc. (AIG) attempting to raise capital to stay afloat. From Getty Images.

NEW YORK - SEPTEMBER 16: Traders work on of the New York Stock Exchange (NYSE) September 16, 2008 in New York City. In trading yesterday the Dow Jones Industrial Average fell 4.4% or 500 points, its worst single day loss since the terrorist attacks in September 2001. Today the Federal Reserve is scheduled to announce the target interest rates for the federal funds. It's not clear how the central bank will respond to recent turmoil in the world's financial markets. This comes after news of Merrill Lynch & Co. Inc selling itself to Bank of America Corp, the financial firm Lehman Brothers Holdings Inc. filing for Chapter 11 bankruptcy protection, and insurance giant American International Group Inc. (AIG) attempting to raise capital to stay afloat.

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NEW YORK - SEPTEMBER 16:  Traders work on of the New York Stock Exchange (NYSE) September 16, 2008 in New York City. In trading yesterday the Dow Jones Industrial Average fell 4.4% or 500 points, its worst single day loss since the terrorist attacks in September 2001. Today the Federal Reserve is scheduled to announce the target interest rates for the federal funds. It's not clear how the central bank will respond to recent turmoil in the world's financial markets. This comes after news of Merrill Lynch & Co. Inc selling itself to Bank of America Corp, the financial firm Lehman Brothers Holdings Inc. filing for Chapter 11 bankruptcy protection, and insurance giant American International Group Inc. (AIG) attempting to raise capital to stay afloat. From Getty Images.

NEW YORK - SEPTEMBER 16: Traders work on of the New York Stock Exchange (NYSE) September 16, 2008 in New York City. In trading yesterday the Dow Jones Industrial Average fell 4.4% or 500 points, its worst single day loss since the terrorist attacks in September 2001. Today the Federal Reserve is scheduled to announce the target interest rates for the federal funds. It's not clear how the central bank will respond to recent turmoil in the world's financial markets. This comes after news of Merrill Lynch & Co. Inc selling itself to Bank of America Corp, the financial firm Lehman Brothers Holdings Inc. filing for Chapter 11 bankruptcy protection, and insurance giant American International Group Inc. (AIG) attempting to raise capital to stay afloat.

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NEW YORK - SEPTEMBER 16:  Traders work on of the New York Stock Exchange (NYSE) September 16, 2008 in New York City. In trading yesterday the Dow Jones Industrial Average fell 4.4% or 500 points, its worst single day loss since the terrorist attacks in September 2001. Today the Federal Reserve is scheduled to announce the target interest rates for the federal funds. It's not clear how the central bank will respond to recent turmoil in the world's financial markets. This comes after news of Merrill Lynch & Co. Inc selling itself to Bank of America Corp, the financial firm Lehman Brothers Holdings Inc. filing for Chapter 11 bankruptcy protection, and insurance giant American International Group Inc. (AIG) attempting to raise capital to stay afloat. From Getty Images.

NEW YORK - SEPTEMBER 16: Traders work on of the New York Stock Exchange (NYSE) September 16, 2008 in New York City. In trading yesterday the Dow Jones Industrial Average fell 4.4% or 500 points, its worst single day loss since the terrorist attacks in September 2001. Today the Federal Reserve is scheduled to announce the target interest rates for the federal funds. It's not clear how the central bank will respond to recent turmoil in the world's financial markets. This comes after news of Merrill Lynch & Co. Inc selling itself to Bank of America Corp, the financial firm Lehman Brothers Holdings Inc. filing for Chapter 11 bankruptcy protection, and insurance giant American International Group Inc. (AIG) attempting to raise capital to stay afloat.

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