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WASHINGTON (Reuters) - The Federal Reserve on Wednesday warned of significant risks to the already weak U.S. economy and launched a new plan to lower long-term borrowing costs and bolster the battered housing market.
NEW YORK (Reuters) - Stocks suffered their worst drop in a month after the Federal Reserve said there were significant downside risks to the economy even as it took another stab at boosting growth.
MALACCA: The deep fervour, devotion and thanksgiving of the thousands of pilgrims and devotees both Christians and those of other faiths to the feast of the Holy Cross at the quaint Chapel of Santa Cruz at Malim Hill was an inspiration to 73-year-old Englishman Arthur Rowens.