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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (40054)	9/18/2008 7:37:29 AM
From: carranza2	Read Replies (1) \| Respond to of 217882

"it will end next Monday or Tuesday afternoon" Agree.

To: energyplay who wrote (40054)	9/18/2008 9:48:09 AM
From: elmatador	Respond to of 217882

Central bankers coordinate response with global infusion of cash. Financial Times says central bankers are taking a coordinated approach to the recent upheaval in financial markets. "The package of up to $247 billion comes from the U.S. Federal Reserve, the European Central Bank, the Swiss National Bank, the Bank of England, the Bank of Canada and the Bank of Japan," CNN says. "The injection of cash, which amounts to an expansion of up to $180 billion in available funds, is an effort to fuel economic activity." The New York Times says the actions come at a "potentially dangerous new phase" in the crisis. "Some economists worry that a psychology of fear has gripped investors, not only in the United States but also in Europe and Asia," the paper says. In other news, The Washington Post says officials are blaming al-Qaeda for yesterday's attack on the U.S. Embassy in Yemen.