Fed to buy massive amounts of short-term debt Fed Considers Plan to Buy Companies’ Unsecured Debt Barclays, RBS in Talks on U.K. Government Funding Russia Lends Iceland 4 Billion Euros to Save Banks Bank of America Posts Lower Profit, Cuts Dividend Gold Advances in London on Rising Demand for Haven Investment Libor for Overnight Dollar Loans Jumps as Credit Freeze Deepens Stock futures drop after Fed auction statement Money-Market Rates Climb to All-Time Highs as Freeze Deepens Oil Rises for First Time in Five Days on Rate Cut Speculation Dollar down, gold up in early European trading Treasuries Fall on Speculation U.K. Preparing to Bail Out Banks "So long as the dollar weakness does not create inflation, which is a major concern around the globe for everyone who watches the exchange rate, then I think it’s a market phenomenon, which aside from those who travel the world, has no real fundamental economic consequences." Alan Greenspan, November 18, 2007Top News
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Tuesday, 7 October 2008
Posted by Britannia Radio at 14:07