UK in dire straits after finance minister's tears rattle markets
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币界网报道：UK markets plunged into turmoil after Finance Minister Sarah Thompson broke down in tears during a parliamentary address, revealing the country faces a "dire economic crisis" with projected GDP contraction of 3.5% in Q3. The pound fell 2.7% against the dollar to its lowest level since 1985 as Thompson warned of "painful but necessary" austerity measures including 15% public spending cuts and VAT hikes to 22.5%. Opposition leaders called for emergency economic stabilization talks, while Bank of England Governor Mark Carney signaled potential emergency rate cuts. The FTSE 100 dropped 4.2%,
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