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The cut sends a nod to the bands of money that get asses shaking in the club.
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Industrial subsidies were cut, sending many firms to the wall.
The rate cut sent all the major stock indexes higher.
The 50p cut sent the wrong message, the pasty tax was badly handled.
The prospect of a rate cut sent shares higher in Australia as investors chased higher yielding banking and mining stocks.
This week the Reserve Bank of Australia unveiled a surprise rate cut, sending the Aussie dollar down to its lowest level against the US dollar since May 2009.
The possibility of a bigger rate cut sent investors toward interest-rate-sensitive stocks yesterday, like those of banks and utilities, said James W. Paulsen, chief investment officer of Wells Capital Management.
The rate cut sent the currencies lower, particularly the euro and sterling.
The U.S. rate cut sent the euro up to a high of $1.4684, before retreating to $1.4555, down from its close of $1.4612, the night before.
The units started up after a power cut, sending powerful vibrations throughout Rana Plaza, said Main Uddin Khandaker, head of a government inquiry team.
The U.S. rate cut sent the euro up to a high of $1.4684, in morning trading in Europe, from its close of $1.4612, the night before.
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