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Sheikh Ahmed bin Saeed Al Maktoum, the chairman of the Emirates Group and the Dubai Supreme Fiscal Committee, has been named the Chairman of Dubai World.

The US Federal Reserve has revealed details of trillions in emergency aid it gave to US and foreign banks and to non-bank companies, including GE and Morgan Stanley.
While respondents in markets such as Germany, Japan, Netherlands and the UK believe that things will essentially stay the same over the next six months.
President Barack Obama o ropes in former President Bill Clinton as part of his effort to support his tax-cut compromise with Republican lawmakers.
The rescue deal, approved by finance ministers at an emergency meeting in Brussels, means two of the eurozone's 16 nations have now come to depend on foreign help.

The multi-billion dollar fiscal stimulus has exceeded the original goal of creating or saving 3.5 million jobs by the end of 2010.