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Eurozone ESCB

                   

Dow Jones off 678 points, closes below 9,000; world markets tumble

mensnewsdaily.com
Oct 9, 2008 1 related
        

Stock markets across the world have fallen dramatically as worries that recent government moves might not prevent a global recession. The largest drop was with the the Dow Jones (DJIA), which fell 678 points, or more then 7.3%,...

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afp.com: afp.com

US moots cash for failing banks; Europe throws out cash lifeline

afp.com
Oct 10, 2008 804 related
        

WASHINGTON (AFP) - With financial markets seeing fresh panic, US authorities have raised the prospect of direct capital injections into troubled banks, and Europe's central bank opened up an unlimited cash lifeline.

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Financial crisis sends eurozone economy to brink of recession

xinhuanet.com
Oct 10, 2008 1 related
        

BRUSSELS, Oct. 9 (Xinhua) -- For the first time, economic growth in the eurozone recorded a quarterly decrease in the three months from April to June this year, figures from the European Union (EU)'s statistics bureau Eurostat...

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No 'urgent' need for cuts in NZ interest rates

radionz.co.nz
Oct 10, 2008 12 related
        

Updated at 3:15pm on 10 October 2008 Economists say there is no urgent need for a cut in interest rates in New Zealand by the Reserve Bank. The US Federal Reserve, the European Central Bank, the Bank of England and central...

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Unfreeze the interbank markets by guaranteeing interbank lending

ft.com
Oct 9, 2008 12 related
        

Gordon Brown is absolutely right in his proposal that the G7 offer state guarantees, on ‘commercial’ terms (really terms that provide the state with an adequate risk-adjusted return on the funds it commits) to restore life to...

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Need to know: A&L takeover ... Aviva protects itself ... Hays shrinks

timesonline.co.uk
Oct 9, 2008
        

Economics The trade gap in goods stayed at a record level during August, as exports failed to receive a boost from the cheaper pound. July’s trade in goods gap was revised up from £7.6 billion to £8.2 billion, and the deficit...

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DTZ appoints former Barclays man as chief

timesonline.co.uk
Oct 10, 2008 4 related
        

Paul Idzik, Barclays' chief operating officer until May this year, is to be the new group chief executive of DTZ, one of the world's largest commercial property consultancies. Mr Idzik, an American and a former management...

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Friday's Events: Canadian Employment; US & CA Trade Balance; G7

economicnews.ca
Oct 10, 2008 1 related
        

Canadian employment kicks off a busy day of economic data followed by the U.S. and Canadian trade balances and the start of the G7 conference in Washington DC. At 7 a.m. EDT, Statistics Canada will release its September...

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Now Apocalypse, and then?

fxstreet.com
Oct 10, 2008
        

● The winds of recession we portended last month have transformed in a full-blown storm spreading across the continent. No banking system and no economy appears safe, and it is now common belief that a recessionary scenario is...

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EURO GOVT-Bunds push higher as stocks tumble

finanznachrichten.de
Oct 10, 2008 1 related
        

LONDON, Oct 10 (Reuters) - Euro zone government bonds rose on Friday, with short-dated yields hitting their lowest in over 2-1/2 years as stock markets around the world plummeted on fears the financial crisis will lead to a...

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