U.S. no longer financial superpower?

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Germany blames the Anglo-Saxon capitalist model for the global financial crisis and says the United States would lose its financial superpower status. In unusually strong language, German Finance Minister Peer Steinbrueck told parliament the financial crisis would leave deep marks, and said the U.S. would have to accept greater market regulation. While the German Dax index rose slightly on, investors remained anxious about when the $700 billion rescue plan for the financial sector will be approved by Congress. Joanna Partridge reports.


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