SNAPSHOT - Financial Crisis - 1541 GMT

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NEWS - Britain contracts more than thought; productivity falls - NZ recession deepens; report says Spain enters recession - Record fall for Taiwan export orders; Italy confidence down - U.S. GDP forecast shows unrevised 0.5 percent slide - U.S. new home sales fall 2.9 percent in November MARKETS - U.S. stocks trim gains with the Dow briefly turning negative after weaker-than-expected home sales data - MSCI world equity index higher at 222.12 at 1415 GMT - Oil below $40, ...

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