AFP, 20 Nov 2008
PARIS (AFP) - Governments scrambled to cushion the impact of the finance crisis Thursday with France launching a sovereign wealth fund and China unveiling a jobs protection plan as the car industry made huge new cuts.
With global markets suffering more heavy losses, the grim news piled up with Japanese exports falling at the fastest pace in seven years and US consumer prices recording their steepest one-month decline in over 60 years.
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