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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Mar 18, 1993
Page
3
A group of students faced a four hour crawl back to their car through deep snow and impassable roads. With freezing temperatures they camped in two cars, cooked on a butane stove, and awaited a helicopter rescue to a Brevard relief shelter.
The Bundesbank lowered its discount rate by 0.5 percentage point to 7.5 percent but kept emergency loan rate at 9 percent. The move follows pressure from Washington and European neighbors aiming to spark Germany’s stagnating economy and ease monetary instability. The Swiss National Bank also cut its discount rate to 5 percent from 5.5 percent.
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