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Wed, Nov 12, 2008 - Page 10 News List

GM, Circuit City face financial fallout

CREDIT CRUNCHThe US automaker needs federal help now, its CEO and analysts say, while Circuit City became the first major retailer to seek bankruptcy protection

AFP AND BLOOMBERG , NEW YORK

Washington officials have said that the summit is likely to result in an “action plan” including short-term steps to help fix the global economy.

However, other countries, notably France, have pushed for the talks to agree concrete steps.

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