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Fed to lend to companies in emergency move - Seattle Post Intelligencer
WASHINGTON -- Frantically trying to stop the bleeding on Wall Street, the Federal Reserve took a first-time step Tuesday to get cash directly to businesses and hinted that interest rates could come down soon. Stocks continued their free fall anyway ...
Read more...U.S. pleads for patience in crisis repair efforts - International Herald Tribune
The United States appealed for patience on Saturday as world leaders raced to restore financial market confidence and avert the deepest global recession in decades. President George W. Bush met with Group of Seven economic chiefs and officials from ...
Read more...IMF Warns of Financial Meltdown - KYKR
WASHINGTON/ COLOMBEY-LES-DEUX-EGLISES, France (Reuters) - The IMF warned on Saturday that the global financial system was on the brink of meltdown, while France and Germany pushed ahead with a pan-European crisis response to try to prevent the worst ...
Read more...US STOCKS-Wall Street sinks in global market rout - Forbes
NEW YORK (Reuters) - U.S. stocks slid more than 6 percent Monday, with the Dow diving to its lowest level in almost five years, on fears the global economy was hurtling into recession despite government efforts to contain the fast-spreading financial ...
Read more...An Urgent Message to Health Insurers: In Medicine, One Size Does Not ... - Black Press USA
In medicine – one size does not fit all; the patient’s health, not the insurance company’s financial bottom line, is primary. The best judge of a patient’s drug needs is the doctor. Those have long been basic principles in medicine. No longer ...
Read more...Bush, allies seek to calm jittery investors - Akron Beacon Journal
President Bush and foreign financial officials displayed joint resolve Saturday to combat the unfolding financial crisis, hoping to calm investors whose panic has spread despite bold and accelerating government action. Yet there was no concrete offer ...
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