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Video: 70,000 jobs lost in one day

Video: 70,000 jobs lost in one day



In less than 24 hours the global economy has lost more than 70,000 high paying jobs as Caterpillar, Pfizer, Philips and ING all announced big redundancies. But the global recession is good for some. McDonalds reported strong sales and will open 1,000 restaurants.

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