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Credit Suisse indicated that the likelihood of its financial collapse has become significant, which heightens the risk of a global banking crisis. It explained that the company faces major challenges in liquidity and profits, and that its deteriorating condition could lead to widespread repercussions on the global financial system, especially if it does not receive adequate support from regulatory authorities. Meanwhile, financial authorities continue to assess the situation and take necessary measures to prevent a more profound impact on the global economy.
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