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World Bank commits $US58.8b to battle crisis : The World Bank says it has allocated a record $US58.8 billion ($72.98 billion) in the fiscal year just ended as it scrambled to help countries cope with the global economic crisis....
Surprise rise in German retail sales : German retail sales rose unexpectedly by 0.4 per cent month-on-month in May, their third consecutive increase....
GM bankruptcy exit hearing closes :
The fate of General Motors has been placed in the hands of a New York judge who must decide whether the largest US carmaker can execute a swift exit from bankruptcy protection by selling its best assets to a new company. ....