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Stock markets around world soar higher in reaction to plans for US financial rescue package (Canadian Business)
Matt Moore September 19, 2008 - 11:14 a.m. FRANKFURT, Germany (AP) - Global stock markets roared higher on Friday after news of a U.S. government plan to rescue banks from toxic mortgage debt raised investors' hopes amid the world's worst financial crisis in decades.

Stock markets rally strongly as US moves to stem crisis (Deutsche Welle)
Global stock markets have ended a turbulent week with a strong rally after the US government announced a sweeping plan to rescue the financial system.

Russian Stock Markets Reopen (NPR)
Financial markets in Russia have been in a free fall this week. By Wednesday, when the leading Russian stock indexes were down more than 10 percent, officials closed the markets for two days. A massive financial rescue package seems to be working. When markets opened Friday, prices shot up so high, so fast, that officials suspended trading again, but this time just for an hour.

US Bank Rescue Plan Sends Global Stock Markets Soaring (Voice of America)
Global stock markets that had been pummeled earlier in the week soared on Friday on news that a US government agency is to be created to take over the bad loans of U.S.-based commercial banks. VOA's Barry Wood has more.

Stock markets soar on planned U.S. financial system bailout (CBC Toronto)
Stock markets soared Friday with news the U.S. government is working on a plan to ease the current financial crisis that congressional leaders say could cost half a trillion dollars.

US Bank Rescue Plan Sends Global Stock Markets Soaring (Kansas City InfoZine)
By Barry Wood - Global stock markets that had been pummeled earlier in the week soared on Friday on news that a US government agency is to be created to take over the bad loans of U.S.-based commercial banks.

Stock markets charge ahead on plans to unplug financial system (The Canadian Press via Yahoo! Canada News)
TORONTO - The Toronto stock market joined other stock markets around the world in racking up big gains after the U.S. government announced a series of moves aimed at restoring confidence in the much-battered financial system.

AT A GLANCE: US Moves To Prop Up Markets Spurs Stock Rally (Nasdaq)
THE EVENTS: U.S. regulators announced a series of new major financial initiatives early Friday morning to shore up troubled financial markets. Stock markets worldwide rose sharply, while Treasurys fell after a week-long flight-to-safety binge.

Stock markets bounce back big time (Hamilton Spectator)
Rita Trichur Torstar News Service Global stock markets roared back from massive declines this week after dramatic moves by the United States government to repair fractured credit markets, while regulators tightened their noose on investors who were making bets on falling financial stocks.

Stock markets jump on investor relief over US govt plan to bail out financial system (The Canadian Press via Yahoo! Canada News)
TORONTO - The stock markets in Toronto and around the globe were up sharply late Friday morning as the U.S. government unveiled a plan bound to cost "hundreds of billions of dollars" to shore up investor confidence in a battered financial system.