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SOUTH KOREA - Finance minister Kang Man-soo planned to plead with U.S. bankers for extended credit lines to save the country's banks while the won currency swung wildly for a second day.South Korea cut interest rates on Thursday.
ICELAND - Iceland, the country worst affected by the crisis, took control of the its biggest bank Kaupthing, the third such takeover in a week, and suspended all share trading. (Click for more)
CANADA - Canada's finance minister said Friday the government is buying up to $25 billion Canadian ($21 billion) in mortgages form the country's banks in an effort to maintain the availability of credit.