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Global financial crisis | Ongoing

With the collapse of a number of financial institutions in the United States, the financial crisis quickly spread around the world.
Special Report: Global Financial Crisis
 

People shop during "Black Friday" sales at a store in New York November 28, 2008. Stores across New York City are luring shoppers on Black Friday – the traditional kickoff to the holiday shopping season – with extended hours and deep discounts. [Xinhua] 
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