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Tuesday, October 7, 2008 - Page updated at 12:08 p.m.

UPDATE - 12:07 PM

Fed to buy massive amounts of short-term debt

The Federal Reserve moved swiftly to break through a credit clog that is imperiling the economy, saying Tuesday it would buy massive amounts of short-term debt and hinting that it may cut interest rates.

Recent stories

Monday, October 6

Seattle-Bremerton ferry to run with fewer boats Tuesday

Obama's allies warn GOP: Lay off attacks

Road to Artist Point is closing

Sims offers to save the county money by moving his own office

Albanian sworn virgins die out

Audio archive aims to put sounds species online

Close-up | Bailout no quick fix for Main St.

Brazil leader's star rises, burnishes his country's image

Dubai ready to top its own tallest tower

Europe scrambles to save faltering banks

Mars project may never get off ground

Pediatricians: Exotic pets and young kids a no-no

Pope kicks off Bible-reading marathon on Italian television

Russian troops start pullout in Georgia

Study: Risky drug samples given to kids

Women, children die during raid in Iraq

Odds and Ends | Tina Fey is not a real politician

Nation Digest | Witnesses not key for Simpson jury

World Digest | Turkish warplanes bomb Kurdish rebel bases

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Capt. Aaron Bert of Seattle files dispatches from Afghanistan where he is serving as a police mentoring team chief with the Washington National Guard.

In Memory of CPT Bruno Desolenni Posted 9/26, 03:32 AM

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