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The Katrina catastrophe doesn’t seem to be over as yet since its victims are still struggling to get their lives back on track, what with the U.S. Small Business Administration failing to deliver loan cheques to companies till now.

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LONDON - Europe’s top plane maker, Airbus is quietly confident that the government would grant a £379 million loan to the company within the next few days. This confidence stems from the fact that Britain stands to lose out on vital manufacturing jobs as well as technology if the loan application were to be rejected.

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