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Asian and Pacific stock markets dropped Thursday despite the U.S. Senate’s approval of a modified $700 billion bank rescue plan intended to bolster the ailing financial system.

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North and South Korean officials hold their first meeting for months, but the talks end early with little apparent progress.

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The common-law wife of a man who died after smashing through a second-floor window of a house and being jolted by a police Taser in Langley, B.C., has been charged with armed robbery.

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Why I took part in a frightening and degrading ritual

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European and Asian markets bounced back Wednesday on renewed hope that a modified version of the $700 billion U.S. financial bailout plan would soon win legislative approval.

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Wednesday night’s vote on the financial bailout was good for future legislators who plan to run for president. For decades, the conventional wisdom has been that sitting senators make bad presidential candidates.

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Wednesday night’s vote on the financial bailout was good for future legislators who plan to run for president. For decades, the conventional wisdom has been that sitting senators make bad presidential candidates.

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Piracy off the coast of Somalia has cost up to $30m (£17m) in ransoms so far this year, a report says.

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The Senate tonight passed a sweeping and controversial financial bailout similar in key ways to one rejected by the House just two days earlier. The measure was passed by a vote of 74-25, with both Barack Obama and John McCain voting in favor, CNNMoney.com reports.

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