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G7 group agree 'plan of action' to solve financial crisis FTSE has worst week ever, dropping 21% in just five days By Daily Mail Reporter President Bush today warned countries against acting alone to try and ease the financial crisis after a catastrophic week of nosediving shares that saw £250billion wiped off the Stock Market. In his 20th emergency statement in since September, Mr Bush stressed that the biggest powers in the world have to act together if they are to rescue their crippled economies. Warning: President Bush said at the G7 summit the world had to act together Countries could not afford to turn against each other in the face of this 'serious global crisis', the President declared outside the White House after crisis talks with finance chiefs including Chancellor Alistair Darling. 'There have been moments of... [read full story]
