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Credit crisis

As George Bush presides over the last vestiges of the omnipotence of the U.S. dollar, the crisis in that country is no longer an internal matter. In the wake of the U.S. Congress rejecting the bailout package proposal (Op-Ed article by Joseph Stiglitz – October 2), it is incumbent on the United Nations to muster world opinion and formulate contingency measures for protecting the world economic order at large.

K.P.G. Menon,

Ottapalam

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