Page last updated at 04:50 GMT, Wednesday, 9 December 2009

Obama announces job creation plan

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US President Barack Obama has outlined a number of proposals aimed at boosting employment, including winding up the $700bn (£425bn) US bank bail-out fund.

Mr Obama said the remaining money from the Troubled Asset Relief Program (Tarp) could be used to facilitate lending to small businesses. Karen Nye reports.

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