World Update from BBC News
Casualties rise in Gaza offensiveCasualties have been pouring into overcrowded hospitals in Gaza as Israel continues its offensive against militant groups.Cameron makes savings tax pledgeDavid Cameron proposes to axe tax on basic rate taxpayers' savings and to increase pensioners' tax free allowances.Steep sales drop for US carmakersUS carmakers report sharp falls in their sales in December as the economic slowdown drives customers away from showrooms.Obama 'planning $800bn stimulus'US President-elect Barack Obama is seeing Congressional leaders to discuss his stimulus plan, which reports say could total $800bn.Final Woolworths stores to closeThe final closure of the remaining 200 Woolworths stores is due to take place, the retailer's administrator says.
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