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International News Archive - March 05, 2009

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The European Central Bank said Thursday it would lower its key lending rate 50 basis points to 1.5 percent.

Word of the Day
penuche
  • A fudgelike confection of brown sugar, cream or milk, and chopped nuts.
'Penuche' is a variant of 'panocha,' a coarse grade of sugar made in Mexico. 'Panocha' probably comes from the Spanish 'panoja, panocha,' ear of grain.
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