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<title>Yahoo! News: Economy News</title>
<copyright>Copyright (c) 2009 Yahoo! Inc. All rights reserved.</copyright>
<link>http://news.yahoo.com/i/1203</link>
<category>business</category>
<description>Economy News</description>
<language>en-us</language> 
<lastBuildDate>Sat, 28 Nov 2009 15:07:53 GMT</lastBuildDate>
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<title>Yahoo! News</title>
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<link>http://news.yahoo.com/i/1203</link>
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<item>
<title>Japan PM, BOJ governor to meet next week: sources 
    (Reuters)
</title>
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<source>Reuters</source>
<category>business</category>
<pubDate>Sat, 28 Nov 2009 15:07:53 GMT</pubDate>
<description>Reuters - Japanese Prime Minister Yukio Hatoyama and Bank of Japan Governor Masaaki Shirakawa will meet next week, two sources with direct knowledge of the matter said, as a surging yen adds to debate over central bank policy.</description>
</item>
<item>
<title>Recession sends older Americans to food pantries 
    (AP)
</title>
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<source>AP</source>
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<pubDate>Sat, 28 Nov 2009 12:23:03 GMT</pubDate>
<description>&#60;p>&#60;a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/ap/20091128/ap_on_re_us/us_hungry_seniors">&#60;img src="http://d.yimg.com/a/p/ap/20091128/capt.32bef3ca8c834fc281a25a23c0581372.hungry_seniors_nykr103.jpg?x=130&amp;y=86&amp;q=85&amp;sig=NGzrIpiPjgbWc2FQ09N3hw--" align="left" height="86" width="130" alt="In this Wednesday, Nov. 25, 2009 photo, Ronald Shewchuk and his wife Helen sit down to a meal at the Loaves and Fishes soup kitchen in Ithaca, N.Y.,  The Shewchuks have been eating many of their meals at the soup kitchen since losing most of their retirement savings during the economic downturn. (AP Photo/Kevin Rivoli)" border="0" />&#60;/a>AP - Older Americans who were raised on stories of the Great Depression and acquired lifelong habits of thrift now find themselves crowding soup kitchens and food pantries in greater numbers for the first time after seeing retirement funds, second jobs and nest eggs wiped out by recession.&#60;/p>&#60;br clear="all"/></description>
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<media:credit role="publishing company">(AP)</media:credit>
</item>
<item>
<title>US Fed chief &#39;concerned&#39; by regulatory proposals 
    (AFP)
</title>
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<source>AFP</source>
<category>politics</category>
<pubDate>Sat, 28 Nov 2009 06:27:48 GMT</pubDate>
<description>&#60;p>&#60;a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/afp/20091128/pl_afp/usbankingeconomyfinancebernanke">&#60;img src="http://d.yimg.com/a/p/afp/20091128/capt.photo_1259389626967-1-0.jpg?x=130&amp;y=79&amp;q=85&amp;sig=l016vrlBWrvfQNs6vM2RAw--" align="left" height="79" width="130" alt="Chairman of the US Federal Reserve Ben Bernanke (R) sits next to US Treasury Secretary Timothy Geithner during a G20 Finance Ministers meeting. Bernanke said Saturday he was &quot;concerned&quot; by some congressional proposals aimed at regulating the US financial system that infringe upon the powers of the Federal Reserve.(AFP/Pool/File/Andrew Winning)" border="0" />&#60;/a>AFP - The head of the US central bank said Saturday he was &quot;concerned&quot; by some congressional proposals aimed at regulating the US financial system that infringe upon the powers of the Federal Reserve.&#60;/p>&#60;br clear="all"/></description>
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<media:credit role="publishing company">(AFP)</media:credit>
</item>
<item>
<title>Bernanke Says Limiting Fed Independence Would ‘Impair’ Economy 
    (Bloomberg)
</title>
 <link>http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/bloomberg/20091128/pl_bloomberg/autyigyeh2kk</link>
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<source>Bloomberg</source>
<category>politics</category>
<pubDate>Sat, 28 Nov 2009 05:12:56 GMT</pubDate>
<description>Bloomberg - Nov. 28 (Bloomberg) -- Federal Reserve Chairman Ben S.
Bernanke said removing the central bank from bank supervision
and tampering with its political independence would “seriously
impair” economic stability in the U.S.</description>
</item>
<item>
<title>Bernanke Sees ‘Strong Case’ for Fed Supervisory Role 
    (Bloomberg)
</title>
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<source>Bloomberg</source>
<category>politics</category>
<pubDate>Sat, 28 Nov 2009 02:44:24 GMT</pubDate>
<description>Bloomberg - Nov. 27 (Bloomberg) -- Federal Reserve Chairman Ben S.
Bernanke said a “strong case” can be made for keeping the
central bank involved in bank supervision, and subjecting
interest rate policy to congressional audits may undermine
confidence in monetary policy.
    “There is a strong case for a continued role for the
Federal Reserve in bank supervision,” the Fed Chairman said in
a commentary released today on the Web site of the Washington
Post. “Because of our role in making monetary policy, the Fed
brings unparalleled economic and financial expertise to its
oversight of banks.”</description>
</item>
<item>
<title>Audit would hurt economic prospects: Bernanke 
    (Reuters)
</title>
 <link>http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20091128/bs_nm/us_usa_fed_bernanke</link>
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<source>Reuters</source>
<category>business</category>
<pubDate>Sat, 28 Nov 2009 02:24:53 GMT</pubDate>
<description>&#60;p>&#60;a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20091128/bs_nm/us_usa_fed_bernanke">&#60;img src="http://d.yimg.com/a/p/rids/20091128/i/r66148456.jpg?x=130&amp;y=83&amp;q=85&amp;sig=ac8hbKfk.U3wHm3EIjNOFQ--" align="left" height="83" width="130" alt="Chairman of the Federal Reserve Ben Bernanke speaks during The Economic Club of New York luncheon in New York, November 16, 2009. REUTERS/Shannon Stapleton" border="0" />&#60;/a>Reuters - Federal Reserve Chairman Ben Bernanke said on Friday congressional proposals to audit the Fed and strip it of regulatory powers as part of post-crisis reforms could damage prospects for economic and financial health in the future.&#60;/p>&#60;br clear="all"/></description>
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<media:credit role="publishing company">(Reuters)</media:credit>
</item>
<item>
<title>Bernanke Sees ‘Strong Case’ for Fed Role in Bank Supervision 
    (Bloomberg)
</title>
 <link>http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/bloomberg/20091128/pl_bloomberg/afv5ia_lptuw</link>
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<source>Bloomberg</source>
<category>politics</category>
<pubDate>Sat, 28 Nov 2009 02:01:13 GMT</pubDate>
<description>Bloomberg - Nov. 27 (Bloomberg) -- Federal Reserve Chairman Ben S.
Bernanke said a “strong case” can be made for keeping the
central bank involved in bank supervision, and subjecting
interest rate policy to congressional audits may undermine
confidence in monetary policy.
    “There is a strong case for a continued role for the
Federal Reserve in bank supervision,” the Fed Chairman said in
a commentary released today on the Web site of the Washington
Post. “Because of our role in making monetary policy, the Fed
brings unparalleled economic and financial expertise to its
oversight of banks.”</description>
</item>
<item>
<title>US delays crackdown on Internet gambling 
    (AFP)
</title>
 <link>http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/afp/20091127/ts_alt_afp/usjusticegamingpoliticsinternet</link>
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<source>AFP</source>
<category>us</category>
<pubDate>Fri, 27 Nov 2009 23:52:24 GMT</pubDate>
<description>&#60;p>&#60;a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/afp/20091127/ts_alt_afp/usjusticegamingpoliticsinternet">&#60;img src="http://d.yimg.com/a/p/afp/20091127/capt.photo_1259354571169-1-0.jpg?x=130&amp;y=97&amp;q=85&amp;sig=L1zabTrp.ir.UGReGuyfwg--" align="left" height="97" width="130" alt="The US Treasury Department and Federal Reserve Board delayed for six months on Friday the enforcement of new rules designed to crack down on Internet gambling.(AFP/File/Jewel Samad)" border="0" />&#60;/a>AFP - The US Treasury Department and Federal Reserve Board delayed for six months on Friday the enforcement of new rules designed to crack down on Internet gambling.&#60;/p>&#60;br clear="all"/></description>
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<media:text type="html">&#60;p>&#60;a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/afp/20091127/ts_alt_afp/usjusticegamingpoliticsinternet">&#60;img src="http://d.yimg.com/a/p/afp/20091127/capt.photo_1259354571169-1-0.jpg?x=130&amp;y=97&amp;q=85&amp;sig=L1zabTrp.ir.UGReGuyfwg--" align="left" height="97" width="130" alt="photo" title="The US Treasury Department and Federal Reserve Board delayed for six months on Friday the enforcement of new rules designed to crack down on Internet gambling.(AFP/File/Jewel Samad)" border="0"/>&#60;/a>&#60;/p>&#60;br clear="all"/></media:text>
<media:credit role="publishing company">(AFP)</media:credit>
</item>
<item>
<title>Fed lending for emergency bank loans rises a bit 
    (AP)
</title>
 <link>http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/ap/20091127/ap_on_bi_ge/us_fed_emergency_lending_programs</link>
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<source>AP</source>
<category>business</category>
<pubDate>Fri, 27 Nov 2009 23:11:43 GMT</pubDate>
<description>AP - Banks borrowed slightly more from the Federal Reserve&#039;s emergency lending program over the past week.</description>
</item>
<item>
<title>Big crowds hit US &#39;Black Friday&#39; shops 
    (AFP)
</title>
 <link>http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/afp/20091127/ts_alt_afp/useconomyfinanceretailholiday</link>
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<source>AFP</source>
<category>business</category>
<pubDate>Fri, 27 Nov 2009 20:57:17 GMT</pubDate>
<description>&#60;p>&#60;a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/afp/20091127/ts_alt_afp/useconomyfinanceretailholiday">&#60;img src="http://d.yimg.com/a/p/afp/20091127/capt.photo_1259341766126-1-0.jpg?x=82&amp;y=130&amp;q=85&amp;sig=k8NGI.kepxx6mE3QWrLzKQ--" align="left" height="130" width="82" alt="Early morning shoppers look for Black Friday bargains at Target store in Burbank, California. The National Retail Federation said it expected 134 million people to be out shopping on &#39;Black Friday,&#39; the big shopping day which comes one day after the Thanksgiving Day holiday, as well as on following Saturday and Sunday.(AFP/Robyn Beck)" border="0" />&#60;/a>AFP - US stores threw their doors open before dawn on Black Friday, the biggest shopping day of the year, but just how wide recession-hit consumers would open their wallets was another question.&#60;/p>&#60;br clear="all"/></description>
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<media:text type="html">&#60;p>&#60;a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/afp/20091127/ts_alt_afp/useconomyfinanceretailholiday">&#60;img src="http://d.yimg.com/a/p/afp/20091127/capt.photo_1259341766126-1-0.jpg?x=82&amp;y=130&amp;q=85&amp;sig=k8NGI.kepxx6mE3QWrLzKQ--" align="left" height="130" width="82" alt="photo" title="Early morning shoppers look for Black Friday bargains at Target store in Burbank, California. The National Retail Federation said it expected 134 million people to be out shopping on &#39;Black Friday,&#39; the big shopping day which comes one day after the Thanksgiving Day holiday, as well as on following Saturday and Sunday.(AFP/Robyn Beck)" border="0"/>&#60;/a>&#60;/p>&#60;br clear="all"/></media:text>
<media:credit role="publishing company">(AFP)</media:credit>
</item>
<item>
<title>Banks, world leaders play down Dubai debt threat 
    (Reuters)
</title>
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<source>Reuters</source>
<category>business</category>
<pubDate>Fri, 27 Nov 2009 20:48:14 GMT</pubDate>
<description>&#60;p>&#60;a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20091127/bs_nm/us_dubai_economy">&#60;img src="http://d.yimg.com/a/p/rids/20091127/i/r1592427285.jpg?x=130&amp;y=94&amp;q=85&amp;sig=.n5jfqi3FaGe86z6122uXA--" align="left" height="94" width="130" alt="Flags for property company EMAAR, builders of Burj Dubai the world&#39;s tallest tower, are seen in Dubai, November 27, 2009. Credit ratings agency Moody&#39;s on Wednesday downgraded Emaar Properties by four notches to Ba2, placing it two notches into junk territory. REUTERS/Steve Crisp" border="0" />&#60;/a>Reuters - World leaders expressed confidence in the global economic recovery on Friday despite fears about a debt default by Gulf emirate Dubai, while major banks played down their exposure to the debt.&#60;/p>&#60;br clear="all"/></description>
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<media:text type="html">&#60;p>&#60;a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20091127/bs_nm/us_dubai_economy">&#60;img src="http://d.yimg.com/a/p/rids/20091127/i/r1592427285.jpg?x=130&amp;y=94&amp;q=85&amp;sig=.n5jfqi3FaGe86z6122uXA--" align="left" height="94" width="130" alt="photo" title="Flags for property company EMAAR, builders of Burj Dubai the world&#39;s tallest tower, are seen in Dubai, November 27, 2009. Credit ratings agency Moody&#39;s on Wednesday downgraded Emaar Properties by four notches to Ba2, placing it two notches into junk territory. REUTERS/Steve Crisp" border="0"/>&#60;/a>&#60;/p>&#60;br clear="all"/></media:text>
<media:credit role="publishing company">(Reuters)</media:credit>
</item>
<item>
<title>RI House holds forum on dire state economy 
    (AP)
</title>
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<source>AP</source>
<category>business</category>
<pubDate>Fri, 27 Nov 2009 20:45:14 GMT</pubDate>
<description>AP - Nearly three years after jobs started vanishing in Rhode Island at an alarming pace, House lawmakers will gather Tuesday for their first forum on one of the worst recessions since the Great Depression.</description>
</item>
<item>
<title>Treasury, Fed delay Internet gambling ban 6 months 
    (Reuters)
</title>
 <link>http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20091127/pl_nm/us_usa_gambling_internet</link>
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<source>Reuters</source>
<category>politics</category>
<pubDate>Fri, 27 Nov 2009 20:35:07 GMT</pubDate>
<description>&#60;p>&#60;a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20091127/pl_nm/us_usa_gambling_internet">&#60;img src="http://d.yimg.com/a/p/rids/20091127/i/r1988261291.jpg?x=130&amp;y=88&amp;q=85&amp;sig=jzujM_yl9wDioYB8Hylwfg--" align="left" height="88" width="130" alt="A computer screen displays an online gambling website, October 2, 2006. REUTERS/Toby Melville" border="0" />&#60;/a>Reuters - The U.S. Treasury and Federal Reserve on Friday delayed the implementation date for a new Internet gambling payment ban for six months, a move that gives lawmakers time to overturn it or end confusion over illegal practices.&#60;/p>&#60;br clear="all"/></description>
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<media:text type="html">&#60;p>&#60;a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20091127/pl_nm/us_usa_gambling_internet">&#60;img src="http://d.yimg.com/a/p/rids/20091127/i/r1988261291.jpg?x=130&amp;y=88&amp;q=85&amp;sig=jzujM_yl9wDioYB8Hylwfg--" align="left" height="88" width="130" alt="photo" title="A computer screen displays an online gambling website, October 2, 2006. REUTERS/Toby Melville" border="0"/>&#60;/a>&#60;/p>&#60;br clear="all"/></media:text>
<media:credit role="publishing company">(Reuters)</media:credit>
</item>
<item>
<title>Dubai debt crisis roils world markets 
    (AFP)
</title>
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<source>AFP</source>
<category>business</category>
<pubDate>Fri, 27 Nov 2009 20:22:25 GMT</pubDate>
<description>&#60;p>&#60;a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/afp/20091127/bs_afp/stocksworld">&#60;img src="http://d.yimg.com/a/p/afp/20091127/capt.photo_1259353272297-9-0.jpg?x=130&amp;y=86&amp;q=85&amp;sig=qzHVKtMZOVoit4D0vZY7Hw--" align="left" height="86" width="130" alt="A foreign labourer walks at the construction site of Dubai&#39;s Business Bay. The Dubai debt crisis roiled world markets again Friday as fears of debt defaults sparked concern that a recovery from global recession could stall.(AFP/Karim Sahib)" border="0" />&#60;/a>AFP - The Dubai debt crisis roiled world markets again Friday as fears of debt defaults sparked concern that a recovery from global recession could stall.&#60;/p>&#60;br clear="all"/></description>
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<media:credit role="publishing company">(AFP)</media:credit>
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<title>Wall Street stocks drop on Dubai debt crisis 
    (AFP)
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<pubDate>Fri, 27 Nov 2009 19:09:20 GMT</pubDate>
<description>&#60;p>&#60;a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/afp/20091127/ts_alt_afp/stocksusclose">&#60;img src="http://d.yimg.com/a/p/afp/20091127/capt.photo_1259335362448-3-0.jpg?x=130&amp;y=84&amp;q=85&amp;sig=DyGV.wY8CDN8z0hqEWfN0g--" align="left" height="84" width="130" alt="Picture taken on June 2009 shows the Burj Dubai tower (R) and the skyline of other multi-storey buildings in Dubai. US stocks dived Friday as investors confronted the fallout from Dubai&#39;s debt problems that have rocked global markets.(AFP/File/Oliver Lang)" border="0" />&#60;/a>AFP - US stocks dropped in an abbreviated session Friday on concerns that Dubai&#39;s debt crisis could stall the global economic recovery from recession.&#60;/p>&#60;br clear="all"/></description>
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<media:credit role="publishing company">(AFP)</media:credit>
</item>
<item>
<title>A look at economic developments around the globe 
    (AP)
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<pubDate>Fri, 27 Nov 2009 18:51:05 GMT</pubDate>
<description>AP - A look at economic developments and activity in major stock markets around the world Friday:</description>
</item>
<item>
<title>Industry boosts eurozone economic sentiment 
    (AP)
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<pubDate>Fri, 27 Nov 2009 12:44:03 GMT</pubDate>
<description>AP - Economic conditions in the 16 countries that use the euro improved further in November amid mounting optimism in the industrial sector, figures from the European Commission showed Friday.</description>
</item>
<item>
<title>Deflation, surging yen threaten Japan&#039;s recovery 
    (AP)
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<pubDate>Fri, 27 Nov 2009 12:03:35 GMT</pubDate>
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<media:credit role="publishing company">(AP)</media:credit>
</item>
<item>
<title>China pledges stable economic policy for next year 
    (AP)
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<pubDate>Fri, 27 Nov 2009 12:02:03 GMT</pubDate>
<description>&#60;p>&#60;a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/ap/20091127/ap_on_bi_ge/as_china_economy">&#60;img src="http://d.yimg.com/a/p/ap/20091127/capt.462e1b0f675d4cd2b0e0a14adae624d2.china_economy_xay809.jpg?x=130&amp;y=86&amp;q=85&amp;sig=DQ1XqF3mvBUmUM7cZeVn6w--" align="left" height="86" width="130" alt="A worker assembles a mower on a production line in a gardening equipment factory in Jinjiang, southeast China&#039;s Fujian province, Thursday, Nov. 26, 2009. Chinese leaders pledged Friday to maintain stable economic policies over the year ahead as they wrapped up an annual planning meeting amid a massive stimulus effort, a state news agency said. (AP Photo)" border="0" />&#60;/a>AP - Chinese leaders pledged Friday to stick to stimulus spending and easy credit to support growth next year, making clear their unease about the stability of China&#039;s nascent recovery from the global crisis.&#60;/p>&#60;br clear="all"/></description>
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<media:credit role="publishing company">(AP)</media:credit>
</item>
<item>
<title>BoE policymakers: UK economy has bottomed out 
    (Reuters)
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<pubDate>Fri, 27 Nov 2009 11:12:09 GMT</pubDate>
<description>Reuters - Britain is past the worst of the recession and should return to growth in the fourth quarter, two Bank of England policymakers said, in remarks which support government forecasts the economic downturn is nearly over.</description>
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