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- President Hugo Chavez's government assumed control of Venezuela's third-largest bank on Friday - making the state the largest player in the nation's banking system.
- The U.S. government has been plunging deeper and deeper into debt, and the White House expects the budget deficit to get close to $2 trillion by the end of the year.
- Japanese companies remained deeply pessimistic even as a central bank survey showed their confidence improving from record lows, suggesting the world's second-largest economy is crawling rather than sprinting out of recession.
