Global Interest Rates Cuts To Spearhead Fight Against Financial Crisis

01/03/2009 05:12 am ET | Updated May 25, 2011

Thailand led a new round of global interest rates cuts on Wednesday, with countries from Europe to New Zealand expected to follow in the next few days to fight an unrelenting financial crisis.

In London, the British government said it would help families and small businesses survive an impending downturn. But it made no mention of measures to force banks to lend more as it laid out a policy agenda for a difficult year ahead.

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