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Resolving crisis will take well into next year, Merkels spokesman says.
More than 160 lobbyists encourage Congress to pass repatriation break.
Companies canceled or put off $8.9 bln in offerings amid Q3 stocks plunge
Low interest rates have yet to revive the housing market.
China's timeline for freely traded currency is sooner than markets expected.
Exit follows a dispute with the board; Gerald Hassell will succeed Kelly.